The last bounce of the coin $RE took the price directly to the supply zone of $0.4744, a zone that has previously stopped the upward move more than once. As momentum reaches elevated levels, this area becomes the key for the next move. A breakout of $0.4744 and holding above it may push the price toward resistance at $0.5270, while failing to break through it may send the price back to test the $0.4320 zone before any new attempt to rise.
Personally, I won’t chase the price after this rise; instead, I’ll wait either for a confirmed breakout above $0.4744 or for the price to return to $0.4320 to get a better entry point. #Altcoin Season# #Meme Alpha#
Personally, I won’t chase the price after this rise; instead, I’ll wait either for a confirmed breakout above $0.4744 or for the price to return to $0.4320 to get a better entry point. #Altcoin Season# #Meme Alpha#