$REQ 📊 bearish trend, but oversold territory is near!
REQ is trading at $0.0530** (-5.69%), holding below all EMAs (21=0.0552, 50=0.0554, 200=0.0544) — **bearish signal**. RSI 36.5 — almost oversold, a bounce is possible. Resistance **$0.0573 — breakout toward $0.059. Support — **$0.0500**.
Probabilities: long 45% (bounce from support), short 55% (break of $0.0500). Waiting for confirmation.
Plan: long from $0.0500 with a tight stop, TP $0.056. Short on a break of $0.0500.
🔥 What do you think, will REQ bounce or break $0.0500? 👇
REQ is trading at $0.0530** (-5.69%), holding below all EMAs (21=0.0552, 50=0.0554, 200=0.0544) — **bearish signal**. RSI 36.5 — almost oversold, a bounce is possible. Resistance **$0.0573 — breakout toward $0.059. Support — **$0.0500**.
Probabilities: long 45% (bounce from support), short 55% (break of $0.0500). Waiting for confirmation.
Plan: long from $0.0500 with a tight stop, TP $0.056. Short on a break of $0.0500.
🔥 What do you think, will REQ bounce or break $0.0500? 👇