$RE IS UP +6.43% – PULLBACK INCOMING!
RE pumped from 0.551 to 0.699 in hours — a 27% gain. Price is now pulling back from peak.
RSI at overbought levels. Volume is high.
Trading Plan Short $RE
Entry: 0.620 – 0.635
SL: 0.660
TP1: 0.600
TP2: 0.580
TP3: 0.555
The pump has pushed price into overbought territory. If rejection continues, a drop toward 0.600 and 0.580 becomes likely. From 0.635 to 0.555 — that's a 12% drop potential.
RE pumped from 0.551 to 0.699 in hours — a 27% gain. Price is now pulling back from peak.
RSI at overbought levels. Volume is high.
Trading Plan Short $RE
Entry: 0.620 – 0.635
SL: 0.660
TP1: 0.600
TP2: 0.580
TP3: 0.555
The pump has pushed price into overbought territory. If rejection continues, a drop toward 0.600 and 0.580 becomes likely. From 0.635 to 0.555 — that's a 12% drop potential.