$RE At a Critical Level ... Recovery or More Pain Ahead?
$REUSDT is currently in a healthy retest and correction phase after its explosive rally toward $1.09.
The key support zone remains around $0.65 – $0.70, and so far buyers are trying to defend this area. This support level will likely decide the next major move.
Bullish Scenario: • Hold above $0.65 support
• Break back above $0.80 resistance
• Recovery toward $0.90+ and higher
Bearish Scenario: • Lose the $0.65 support zone
• Increased selling pressure
• Possible move toward lower support levels
Right now, this is a waiting game. The correction is normal after such a strong rally, but the next breakout or breakdown will reveal the market's true direction.
Support is holding for now ... bulls need a strong breakout above resistance to restart the uptrend.
