$RE continues to outperform the market, printing strong higher highs and higher lows on the 1H timeframe. Buyers remain firmly in control, and the latest breakout confirms sustained bullish momentum. As long as price holds above the recent breakout zone, the trend favors further upside rather than a reversal.
The $0.64–$0.65 area is now acting as key support. A confirmed breakout above $0.68 could trigger the next impulsive move toward $0.72, with $0.75 becoming the next major target if buying volume continues to expand. Waiting for a breakout confirmation or a successful retest offers the highest-probability entry.
Risk management remains essential after such a strong rally. Avoid FOMO entries and let the market come to your levels. Keep your stop loss below the recent higher low, manage your position size wisely, and focus on disciplined execution instead of chasing extended green candles.
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The $0.64–$0.65 area is now acting as key support. A confirmed breakout above $0.68 could trigger the next impulsive move toward $0.72, with $0.75 becoming the next major target if buying volume continues to expand. Waiting for a breakout confirmation or a successful retest offers the highest-probability entry.
Risk management remains essential after such a strong rally. Avoid FOMO entries and let the market come to your levels. Keep your stop loss below the recent higher low, manage your position size wisely, and focus on disciplined execution instead of chasing extended green candles.
#USRaisesAustraliaTariffTo12.5% #DowJonesFallsOver500Points