$RE SHORT
Are you feeling a bit anxious facing this steep and raging bull wave like RE right now?
In trading, keeping a cool head to recognize when an asset has been pushed too high is incredibly valuable.
The current H1 candlestick chart looks like a spring being stretched to its limit, with prices straying far from the basic moving averages.
The Relative Strength Index RSI(6) has shot up to 85, a seriously overbought zone signaling an impending short-term exhaustion.
Any attempts to push towards the 0.9200 mark mainly serve to create FOMO, drawing retail traders' attention to the position.
$DASH #RESHort #MarketTrends #BearishWave