$RE has my attention on the sell side as the price starts printing a sequence of lower highs against the background of a bearish slant on both the daily and four-hour views. We are seeing solid rejection forming near the range bottom, which supports the ongoing downtrend narrative. This short thesis gets stronger if the price breaks below the local range floor on a down candle.

SHORT plan for REUSDT
0.3155 - 0.3167 entry | 0.3188 stop
0.3134 → 0.3113 → 0.3086

#TechnicalAnalysis