$RE is bouncing from key support.
LONG $RE
Entry: $0.6200 - $0.6300
S.L: $0.5750
Targets 🎯
TP 1: $0.6650
TP 2: $0.6900
Full tp: $0.7400
Thesis:
$RE showing signs of reversal after pulling back to test the recent support zone. Price currently trading near 0.6219 with buyers stepping in, confirmed by the bounce from immediate support. Break above resistance confirms momentum shift, opening the path toward next resistance area with volume supporting the move.
LONG $RE
Entry: $0.6200 - $0.6300
S.L: $0.5750
Targets 🎯
TP 1: $0.6650
TP 2: $0.6900
Full tp: $0.7400
Thesis:
$RE showing signs of reversal after pulling back to test the recent support zone. Price currently trading near 0.6219 with buyers stepping in, confirmed by the bounce from immediate support. Break above resistance confirms momentum shift, opening the path toward next resistance area with volume supporting the move.