$RE facing rejection; sellers increase pressure
RE has been rejected from the zone between $0.5250 and $0.5300 and is now trading around $0.5085. Recent candles show weakness near the resistance, and a break below $0.5050 could pave the way for a new downward move.
Entry: $0.5080 – $0.5120
TP1: $0.5030
TP2: $0.4980
TP3: $0.4930
SL: $0.5180
Sell and trade
$ZEC
$QNT
RE has been rejected from the zone between $0.5250 and $0.5300 and is now trading around $0.5085. Recent candles show weakness near the resistance, and a break below $0.5050 could pave the way for a new downward move.
Entry: $0.5080 – $0.5120
TP1: $0.5030
TP2: $0.4980
TP3: $0.4930
SL: $0.5180
Sell and trade
$ZEC
$QNT
