$RE The price broke through the resistance and managed to reach the first target. The first sale was carried out in this region of 0.60, since the price was not able to break through this second resistance, it pulled back. I’ve already made a new purchase in this correction because all this support base is secure while the price is trying to break upward.
$RE o support was broken and the price couldn’t stay above for continued movement, and now it will move in this region so you can test the resistance again with more strength or return to test the base support for the third time.
$RE is the second 1-hour candle; it tested the support that used to be the old resistance, and the price is holding strongly to continue. This shows us that an initial investment here is safe, with a target at the next resistance
$RE o price managed to hold at the base after the second support test, now it has risen and is managing to break through the resistance. This is a good sign because if it stays above this resistance, which will now turn into support after the tests, it will be a sign of a change in direction.
$RE the price broke through all these support structures; at this moment it is forming a base on the second support test. If the price holds here and is rising, it can break the resistance while staying above it, initiating a reversal.
"As long as a solid base support is not found—one that effectively holds the price and stops the decline—I do not recommend allocating capital in this region. It is from this firm foundation that the first reliable point emerges to assess an entry and begin an operation with a higher probability of success."
ℹ️ IMPORTANT NOTICE
This study is for educational and technical analysis purposes only; it does not constitute a recommendation to buy, sell, or make any investment decision. Always manage risk and use only amounts you can afford to lose.
✅ Structure: Clear continuation flag formation after a strong prior move. In the last sessions, it has been consolidating in a healthy way, with a slight pullback and reduced volume—typical rest phase before resuming.
📍 Key levels:
- Strong support: 0.60 – 0.62 → base of the structure; holds the breakdowns well - First resistance: 0.67 – 0.69 → top of the consolidation and recent maximum - Target after breakout: minimum 0.85 / extended projection up to ~1.10–1.20, following the measured move from the prior movement
📈 Indicators: Price has regained position above the short moving averages, MACD crossed upward, RSI is rising with room to move, and volume is starting to react—everything aligned for a bullish impulse.
💡 Personal context: Strategy adjusted according to the asset’s behavior; the previous cycle ended with a positive result, and a new setup is in place to take advantage of the trend continuation.
Many think they lose money when the price drops, but that's not quite right:
You only really lose money if you short at a loss. As long as you hold your position, what happens is just the appreciation or depreciation of the balance on your screen — the number of coins stays the same, intact.
What really matters in the long run isn’t the current price, but the amount of coins you hold.
The simple and effective strategy: Buy below the reference price and sell a bit above it, at any price range. The goal isn’t just to gain value in fiat, but to increase your number of coins with each trade — from 9 to 10, from 10 to 11, and so on.
When you accumulate more units, regardless of the current price, you’re building wealth. In the future, when the price hits your target, you can cash out with a much larger position.
Golden rule: Don’t sell in desperation. Focus on the quantity, and the money will come naturally.
If you liked it, hit like and comment, warm hugs, may your daily sustenance not be lacking in the Name of Jesus.
To make money in the market, you should go in the opposite direction; when everyone is selling, you should be buying; when everyone is buying, you should be selling.