$REQ Momentum Exhaustion – Short Setup
REQ has rallied nearly 40% and is now showing signs of profit-taking on the 15m chart. The strong rejection candle after the vertical move suggests buyers are losing momentum. A healthy pullback is likely before any further upside.
Trade Setup: SHORT
Entry: 0.0680 – 0.0685
Stop Loss: 0.0710
TP1: 0.0655
TP2: 0.0625
TP3: 0.0595
If price reclaims and closes above 0.0710 with strong volume, this bearish setup is invalidated. Use disciplined risk management and avoid overleveraging.
Keep an eye on: $BTC
& $ETH
REQ has rallied nearly 40% and is now showing signs of profit-taking on the 15m chart. The strong rejection candle after the vertical move suggests buyers are losing momentum. A healthy pullback is likely before any further upside.
Trade Setup: SHORT
Entry: 0.0680 – 0.0685
Stop Loss: 0.0710
TP1: 0.0655
TP2: 0.0625
TP3: 0.0595
If price reclaims and closes above 0.0710 with strong volume, this bearish setup is invalidated. Use disciplined risk management and avoid overleveraging.
Keep an eye on: $BTC
& $ETH