$RE USDT Perp — SHORT
Trade Plan
Entry: 0.4420 - 0.4450
SL: 0.4580
TP1: 0.4300
TP2: 0.4150
TP3: 0.4000
Why this setup?
$RE is showing signs of exhaustion after pushing into a clear resistance zone just below the 24h high at 0.4745. Price is currently trading at 0.4405, having rejected the upper range and now sitting below the MA25 at 0.4448 while struggling to hold above MA7 at 0.4371. The momentum has visibly stalled after the initial rally, and we're seeing the first signs of distribution near supply.
The move from 0.3794 to 0.4745 represents a 25% pump in a single session, and the current structure suggests sellers are stepping in aggressively near the highs. With MA25 acting as dynamic resistance and the rejection off 0.4745 still fresh, a retracement toward the midpoint and lower support zones looks increasingly probable. Volume is substantial at 109M RE, but the price action is failing to sustain upward momentum despite the activity.
Risk management is key here — the SL sits just above the recent rejection wick, allowing for a clean invalidation if bulls regain control. Targets are structured along the downside liquidity levels where buyers previously stepped in.
Discipline beats prediction every time. Let the market prove you wrong with a clean stop rather than hoping for a reversal that may never come.
$RE
Trade Plan
Entry: 0.4420 - 0.4450
SL: 0.4580
TP1: 0.4300
TP2: 0.4150
TP3: 0.4000
Why this setup?
$RE is showing signs of exhaustion after pushing into a clear resistance zone just below the 24h high at 0.4745. Price is currently trading at 0.4405, having rejected the upper range and now sitting below the MA25 at 0.4448 while struggling to hold above MA7 at 0.4371. The momentum has visibly stalled after the initial rally, and we're seeing the first signs of distribution near supply.
The move from 0.3794 to 0.4745 represents a 25% pump in a single session, and the current structure suggests sellers are stepping in aggressively near the highs. With MA25 acting as dynamic resistance and the rejection off 0.4745 still fresh, a retracement toward the midpoint and lower support zones looks increasingly probable. Volume is substantial at 109M RE, but the price action is failing to sustain upward momentum despite the activity.
Risk management is key here — the SL sits just above the recent rejection wick, allowing for a clean invalidation if bulls regain control. Targets are structured along the downside liquidity levels where buyers previously stepped in.
Discipline beats prediction every time. Let the market prove you wrong with a clean stop rather than hoping for a reversal that may never come.
$RE