🚨 $REQ JUST PUMPED 60%… TRAP OR SECOND LEG? 🚨

REQ exploded from ~0.06 → 0.18 and now cooling around 0.11–0.113. This is where most traders lose — chasing late instead of reading structure.

On 4H: strong rejection from 0.18 (long upper wick = sellers active).

On 1H: lower highs forming → momentum slowing.

RSI dropped from overbought → now mid zone (no more easy upside).

Volume peaked on pump → now fading (classic distribution sign).

This is NOT clean uptrend anymore — it’s post-pump consolidation.

👉 High probability setup:

Short around: 0.114

TP: 0.104

SL: 0.120

If price reclaims 0.12 with strong volume → idea invalid (possible second pump).

Smart traders don’t chase green candles — they trade the reaction after.

#REQ #CryptoTrading