$RE is getting interesting again.
The 4H bounced hard from $0.3869, reclaimed the $0.48–$0.50 area and then stretched all the way to $0.6266. That spike got sold into, fair enough, humans discovered profit-taking again... but price is still holding around $0.53–$0.54 instead of falling straight back into the old range.
That part matters.
For me, the long idea stays alive while $RE $0.50–$0.51 keeps holding. Above that, $0.56 comes back into play first, then $0.60–$0.626 if momentum rebuilds.
Not chasing the wick. Watching the structure.
The 4H bounced hard from $0.3869, reclaimed the $0.48–$0.50 area and then stretched all the way to $0.6266. That spike got sold into, fair enough, humans discovered profit-taking again... but price is still holding around $0.53–$0.54 instead of falling straight back into the old range.
That part matters.
For me, the long idea stays alive while $RE $0.50–$0.51 keeps holding. Above that, $0.56 comes back into play first, then $0.60–$0.626 if momentum rebuilds.
Not chasing the wick. Watching the structure.
