Watching the $REQ /USDT action closely on the 15m timeframe, and the technicals are telling a compelling story. After a massive liquidity grab peaking at $0.1800, we’ve seen a healthy retracement and a period of consolidation. The price is currently hovering around $0.1154, sitting right on the MA(99) (purple line) which is acting as a crucial dynamic support. We’ve seen a significant cooling off in volume following the spike, suggesting the initial selling pressure is exhausting. While the MA(7) and MA(25) are currently providing local resistance, the fact that we are holding above the long-term moving average after a +62% move shows underlying strength.

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