$RE is another spot bag I've been quietly accumulating. Re Protocol is one of the more interesting RWA plays I've been watching. In simple terms, it's bringing crypto capital into the traditional reinsurance market, allowing capital to back real-world insurance risk. That's what makes the narrative interesting to me. And now the chart is starting to catch my attention as well. $RE has broken out of a multi-month descending trendline and is currently holding above the breakout area. The R:R around these levels looks pretty attractive to me. One thing to keep in mind, though: $RE has a 1B max supply, while only ~160M tokens are currently circulating. That's roughly 16% of the total supply, so future unlocks and increased circulating supply are something I'd be watching closely. I'm not expecting it to go straight up, and I definitely wouldn't FOMO into a green candle. I'd rather accumulate patiently on pullbacks while the structure remains bullish. $0.55–$0.60 is the first area I'd want to see reclaimed, followed by ~$0.70. And if the broader altcoin/RWA narrative really expands, a retest of the ~$1 .09 ATH could become interesting. Still risky, especially with the supply dynamics, but definitely one I'd keep on the radar. DYOR. NFA. #RE #CryptoAnalysis