$RE | LONG Setup Around $0.445–$0.455
I’m watching $RE closely around the $0.445–$0.455 zone. For me, this is the area where buyers need to step in and establish support before I look for continuation toward the upside targets.
Trade Plan:
Entry: $0.445–$0.455
TP1: $0.480
TP2: $0.520
SL: $0.409
I’m taking a LONG bias because the entry zone offers a defined risk level while leaving room toward $0.480 and $0.520. I’d rather enter around support than chase a move after it has already extended.
If price holds $0.445–$0.455 and starts building above $0.455, I’ll consider that a stronger confirmation of buyer strength.
My invalidation is $0.409. If that level breaks, I’d step away from the setup instead of forcing the trade.
My view: LONG, with $0.445–$0.455 as the key zone and $0.480 as my first upside target.
$RE
#BankOfRussiaToLimitRetailCryptoFromSep1
I’m watching $RE closely around the $0.445–$0.455 zone. For me, this is the area where buyers need to step in and establish support before I look for continuation toward the upside targets.
Trade Plan:
Entry: $0.445–$0.455
TP1: $0.480
TP2: $0.520
SL: $0.409
I’m taking a LONG bias because the entry zone offers a defined risk level while leaving room toward $0.480 and $0.520. I’d rather enter around support than chase a move after it has already extended.
If price holds $0.445–$0.455 and starts building above $0.455, I’ll consider that a stronger confirmation of buyer strength.
My invalidation is $0.409. If that level breaks, I’d step away from the setup instead of forcing the trade.
My view: LONG, with $0.445–$0.455 as the key zone and $0.480 as my first upside target.
$RE
#BankOfRussiaToLimitRetailCryptoFromSep1