$REI /USDT – Bearish Reversal Confirmed
Timeframe: 4H
Current Price: 0.00435
Market Structure
REI has completed a clear bearish reversal after failing to hold the 0.00530–0.00550 supply zone. Price broke down with strong bearish momentum, printing long red candles and lower lows, which confirms trend continuation to the downside rather than a fake move.
The sharp sell-off also indicates distribution → breakdown, not accumulation.
Key Levels
Major Resistance (Sell Zone): 0.00490 – 0.00530
Immediate Resistance: 0.00460 – 0.00475
Support 1: 0.00420
Support 2: 0.00400
Extended Support: 0.00380
Trade Setup (Short Bias)
Entry (Sell on Pullback):
👉 0.00460 – 0.00490
Targets:
🎯 Target 1: 0.00420
🎯 Target 2: 0.00400
🎯 Target 3: 0.00380
Stop Loss:
❌ 0.00540 (above broken structure & supply)
Market Outlook
As long as REI remains below 0.00500, the trend stays bearish. Any bounce toward resistance is likely to be a dead-cat bounce unless price reclaims 0.00550 with strong volume, which currently looks unlikely.
