🚀 $RE LONG SETUP
📍 Entry Zone: $0.6450 – $0.6600
🛑 Stop Loss: $0.6250
🎯 TP1: $0.6800
🎯 TP2: $0.7200
🎯 TP3: $0.7800
📊 Setup Logic
$RE swept the $0.6441 support and the lower Bollinger Band before quickly reclaiming the level.
Buyers stepped in aggressively, showing strong demand after the recent sell-off.
Funding remains deeply negative while Open Interest has increased, suggesting fresh shorts may be getting trapped.
If buyers maintain control, a short squeeze could accelerate the move toward the upside targets.
A break below $0.6250 invalidates the bullish setup.
Trade $RE here 👇
📍 Entry Zone: $0.6450 – $0.6600
🛑 Stop Loss: $0.6250
🎯 TP1: $0.6800
🎯 TP2: $0.7200
🎯 TP3: $0.7800
📊 Setup Logic
$RE swept the $0.6441 support and the lower Bollinger Band before quickly reclaiming the level.
Buyers stepped in aggressively, showing strong demand after the recent sell-off.
Funding remains deeply negative while Open Interest has increased, suggesting fresh shorts may be getting trapped.
If buyers maintain control, a short squeeze could accelerate the move toward the upside targets.
A break below $0.6250 invalidates the bullish setup.
Trade $RE here 👇