$REQ $REQ 3h Price Chart Analysis: - I am leaning slightly bullish above the 0.0559 support, with the expectation that price could make another attempt to test the 0.0599 resistance.
- The best long entry scenario: If price dips to the 0.0559 or ideally the 0.0526-0.0508 demand zone and prints a bullish reversal candle or a double bottom, then enter long. First target would be 0.0599, next 0.0655. Place your stop-loss just below the swing low of the entry candle or recent local low.
- If price breaks and closes below 0.0508 (the most recent swing low), the bullish outlook is invalidated and I would expect a deeper retrace.
- For short trades, only consider after a clear manipulation above 0.0591 or a strong rejection at 0.0599, confirmed by bearish price action.
- Wait patiently for confirmation — don’t jump in just as price tags the level! Always look for a reversal formation or a sudden shift in order flow.
📊 Want a deeper view of this coin?
Run a full analysis with Finora AI for free → tinyurl.com/FinoraBot
#REQ