$RE Remains Strong After a Healthy Retest

RE delivered an impressive recovery from the lows and continues to hold most of its gains. After such a strong rally, a short pullback or consolidation is completely normal and often helps build strength for the next move.

The recent retest shows buyers are still active, while sellers have not managed to push the price below key support.

As long as RE stays above $0.60, the bullish trend remains intact.

A successful hold of the current zone could set the stage for another attempt toward higher resistance levels in the coming sessions. Bulls remain in control unless the major support area breaks.

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REUSDT

Trvl

0.7926

-18.17%