$RE is breaking out of a multi-day accumulation range, reclaiming key moving averages with improving momentum. Buyers are attempting to flip the $0.68 resistance into support, and a successful breakout could trigger the next expansion leg.
Entry: $0.6600–$0.6680
Target 1: $0.6830 🎯
Target 2: $0.7100 🎯
Target 3: $0.7500 🎯
Stop-loss: $0.6380
After bottoming near $0.5802, RE has built a sequence of higher lows and recently pushed above its consolidation range, signaling renewed bullish strength. MA(7) is trading above both MA(25) and MA(99), while MA(25) is attempting to reclaim MA(99), reflecting improving trend alignment. RSI is around 66, indicating healthy momentum without entering extreme overbought conditions. A sustained hourly close above $0.6830 would confirm the breakout and increase the probability of continuation toward higher targets, while a drop below $0.6380 would invalidate the current bullish setup.
Trade #re here
$LAB $VELVET
Entry: $0.6600–$0.6680
Target 1: $0.6830 🎯
Target 2: $0.7100 🎯
Target 3: $0.7500 🎯
Stop-loss: $0.6380
After bottoming near $0.5802, RE has built a sequence of higher lows and recently pushed above its consolidation range, signaling renewed bullish strength. MA(7) is trading above both MA(25) and MA(99), while MA(25) is attempting to reclaim MA(99), reflecting improving trend alignment. RSI is around 66, indicating healthy momentum without entering extreme overbought conditions. A sustained hourly close above $0.6830 would confirm the breakout and increase the probability of continuation toward higher targets, while a drop below $0.6380 would invalidate the current bullish setup.
Trade #re here
$LAB $VELVET