$RE #BearishAlert 📉
0.5939 (down -10.23%) and trading below the short-term 7-day Moving Average of 0.6383.
Key Resistance: 0.6383 – 0.6870
Key Support: 0.5802 and 0.4573 – 0.5000
#ShortSignal
Entry: Break below 0.5802
#TP: : 0.5200 | 0.4600
#SL : 0.6400
#LONG STRATEGY:
Avoid catching the falling knife right now. Wait for a strong bounce/double bottom to form near the 0.4573 – 0.5000 support zone, or wait for a confirmed breakout above 0.6400.
0.5939 (down -10.23%) and trading below the short-term 7-day Moving Average of 0.6383.
Key Resistance: 0.6383 – 0.6870
Key Support: 0.5802 and 0.4573 – 0.5000
#ShortSignal
Entry: Break below 0.5802
#TP: : 0.5200 | 0.4600
#SL : 0.6400
#LONG STRATEGY:
Avoid catching the falling knife right now. Wait for a strong bounce/double bottom to form near the 0.4573 – 0.5000 support zone, or wait for a confirmed breakout above 0.6400.