🚀 REUSDT 2H Bullish Recovery Analysis
REUSDT has formed a strong V-shaped recovery from the $0.3869 low and is currently trading near $0.4327 with a daily gain of over 10%. Buyers are showing strength, but price is approaching the important $0.4358–$0.4375 resistance zone. The major chart high is $0.4698.
Long Setup: A confirmed 2H candle close above $0.4375 could open the way toward $0.4480, $0.4557 and $0.4698. Stop-loss should be placed below $0.4240.
Short Setup: A confirmed 2H candle close below $0.4190 could trigger a correction toward $0.4100, $0.4010 and $0.3870. Stop-loss should be placed above $0.4325.
Momentum is currently bullish, but avoid chasing the pump near resistance and wait for a confirmed breakout or breakdown.
#Reusdt #RE #BinanceFutures #cryptotrading #TradingAnalysis
REUSDT has formed a strong V-shaped recovery from the $0.3869 low and is currently trading near $0.4327 with a daily gain of over 10%. Buyers are showing strength, but price is approaching the important $0.4358–$0.4375 resistance zone. The major chart high is $0.4698.
Long Setup: A confirmed 2H candle close above $0.4375 could open the way toward $0.4480, $0.4557 and $0.4698. Stop-loss should be placed below $0.4240.
Short Setup: A confirmed 2H candle close below $0.4190 could trigger a correction toward $0.4100, $0.4010 and $0.3870. Stop-loss should be placed above $0.4325.
Momentum is currently bullish, but avoid chasing the pump near resistance and wait for a confirmed breakout or breakdown.
#Reusdt #RE #BinanceFutures #cryptotrading #TradingAnalysis
