$RE is showing a solid recovery after buyers defended the $0.40 area. ๐
The reaction started near $0.407, and price has since climbed back toward $0.47. The rising trendline is also helping maintain the short-term bullish structure.
Now the focus shifts to $0.50โ$0.52. A successful reclaim of $0.52 could bring $0.56 into view.
As long as $0.40โ$0.42 continues to hold, the recovery structure remains intact. ๐๐ค
$RE โ support defended, bounce underway.
Trade $RE here ๐
The reaction started near $0.407, and price has since climbed back toward $0.47. The rising trendline is also helping maintain the short-term bullish structure.
Now the focus shifts to $0.50โ$0.52. A successful reclaim of $0.52 could bring $0.56 into view.
As long as $0.40โ$0.42 continues to hold, the recovery structure remains intact. ๐๐ค
$RE โ support defended, bounce underway.
Trade $RE here ๐
