#supportturnedresistance
supportturnedresistance
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$RE IS TESTING THE UPPER BOUNDARY OF A KEY SUPPLY ZONE 🎯
Target: 0.64 🚀
Stop Loss: 0.578 ⚠️
The bounce from the low zone was aggressive, with buyers stepping in decisively at the 0.578 support level. The next liquidity cluster sits between 0.60 and 0.625 — a zone that has acted as resistance multiple times. A clean break and flip of that area would signal a shift in market structure and clear the path toward 0.64+. Volume on the recent impulse suggests absorption is still favoring buyers here.
Are you watching for a break of this zone to add size or waiting for a retest of support first?
Not financial advice. Always manage your risk.
#RE #Crypto #Breakout #Altcoin #SupportTurnedResistance
🎯
Target: 0.64 🚀
Stop Loss: 0.578 ⚠️
The bounce from the low zone was aggressive, with buyers stepping in decisively at the 0.578 support level. The next liquidity cluster sits between 0.60 and 0.625 — a zone that has acted as resistance multiple times. A clean break and flip of that area would signal a shift in market structure and clear the path toward 0.64+. Volume on the recent impulse suggests absorption is still favoring buyers here.
Are you watching for a break of this zone to add size or waiting for a retest of support first?
Not financial advice. Always manage your risk.
#RE #Crypto #Breakout #Altcoin #SupportTurnedResistance
🎯
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