$REQ /USDT Analysis
Momentum is building for Request Network, with REQ/USDT rising over 31% in the last 24 hours. The chart shows a classic breakout structure where price moved sharply after breaking out of a prolonged consolidation range.
The strong support zone now sits around $0.072–$0.075, where buyers previously defended the price. Holding above this region would confirm the strength of the current bullish move.
On the upside, the immediate resistance lies near $0.095, a key technical level that could determine the next direction. A clean breakout above this resistance could send REQ toward the next target at $0.11, with an extended bullish objective near $0.13.
Market structure suggests that traders are accumulating during dips rather than selling aggressively. If this buying pressure continues, REQ could enter a multi-day bullish expansion phase, especially if the overall crypto market maintains positive momentum.
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