📉 $RE — SHORT POSITION OPEN
#RE is showing signs of exhaustion after its parabolic move to 0.5567, with the 1h RSI(12) at 80.40, signaling extreme overextension.
Price is testing the 15m MA25 support. A confirmed breakdown could open the door for a mean-reversion move toward the 0.4663 MA25 area.
ENTRY: 0.5407 – 0.5526
🎯 TP1: 0.4750
🎯 TP2: 0.4177
🛑 SL: 0.5802
⚠️ Wait for confirmation on the breakdown and manage risk carefully. Never go all-in.
Trade here 👇👇👇
👀 Other coins:
$HYPE
$MAGMA
#RE is showing signs of exhaustion after its parabolic move to 0.5567, with the 1h RSI(12) at 80.40, signaling extreme overextension.
Price is testing the 15m MA25 support. A confirmed breakdown could open the door for a mean-reversion move toward the 0.4663 MA25 area.
ENTRY: 0.5407 – 0.5526
🎯 TP1: 0.4750
🎯 TP2: 0.4177
🛑 SL: 0.5802
⚠️ Wait for confirmation on the breakdown and manage risk carefully. Never go all-in.
Trade here 👇👇👇
👀 Other coins:
$HYPE
$MAGMA