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$RE $RE : The spring is compressing (Bull Flag forming) 📊
After the massive rally that took us up to $0.84, many are wondering if the party is over for $REUSDT. The technical answer is: healthy consolidation.
Here’s the quick rundown for those trading the structure:
Macro (1H): We are seeing the formation of a textbook bull flag. The price is bouncing and finding perfect support at the EMA(9) ($0.705). The RSI dropped from 80 to 63, giving the asset the oxygen it needs for a potential next push.
Micro (5m / 15m): Maximum compression. The price is trapped in a tight range, directly battling with the EMA(9) and EMA(21). There’s short-term indecision.
💡 The Trigger: We are in a "no trade" zone within the range. As scalpers, the play is patience. A confirmed breakout with volume above $0.74 would give us the green light to chase those highs again. If we lose the support at $0.70, we’ll need to wait lower.
Don’t trade the noise in the middle; trade the breakout. 🎯
Will it break upwards today or are we continuing to range? Let me know 👇
#REUSDT #Scalping #Trading #CRİPTO #BinanceSquare #AccionDelPrecio