$RE has found support around the $0.620–$0.625 zone after a sharp correction. Buyers are attempting to defend this level, and the recent candles suggest selling pressure is weakening. A confirmed breakout above $0.640 with strong volume would improve the probability of a sustained bullish move.
Potential Long Setup
Entry: $0.635–$0.640 (after breakout confirmation)
TP1: $0.660
TP2: $0.690
TP3: $0.730
Stop Loss: Below $0.615
At the current price, I would classify this as a watchlist setup rather than a confirmed long entry. Waiting for a breakout above resistance is the safer approach.
Buy and Trade $RE
Potential Long Setup
Entry: $0.635–$0.640 (after breakout confirmation)
TP1: $0.660
TP2: $0.690
TP3: $0.730
Stop Loss: Below $0.615
At the current price, I would classify this as a watchlist setup rather than a confirmed long entry. Waiting for a breakout above resistance is the safer approach.
Buy and Trade $RE