RE/USDT just collapsed -6.30% in a brutal dump and a major breakdown is happening right now! ๐ฃ
I am watching $RE USDT closely on the 1H chart sitting right at $0.3658 (-6.30%). The price has aggressively rejected off the $0.3912 high and is now testing critical support near the 24h low:
โข Current Price: $0.3658
โข 24h High/Low: $0.3912 / $0.3573
โข Performance Trap: Down -30.88% in 7 days and -64.45% in 30 days!
Here is why I am locking in a strong short bias: That recent green candle was a classic bull trap to dump inventory on retail traders before slamming price lower. Order book shows sellers dominating control. I am securing my short position right now before the support at $0.3573 cracks and triggers a fast cascade down! ๐จ๐
I am watching $RE USDT closely on the 1H chart sitting right at $0.3658 (-6.30%). The price has aggressively rejected off the $0.3912 high and is now testing critical support near the 24h low:
โข Current Price: $0.3658
โข 24h High/Low: $0.3912 / $0.3573
โข Performance Trap: Down -30.88% in 7 days and -64.45% in 30 days!
Here is why I am locking in a strong short bias: That recent green candle was a classic bull trap to dump inventory on retail traders before slamming price lower. Order book shows sellers dominating control. I am securing my short position right now before the support at $0.3573 cracks and triggers a fast cascade down! ๐จ๐