🚨📈 $REQ /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM PICKING UP 📈🚨
REQ is trading at 0.1042, showing a healthy 4.51% increase over the past 24 hours. This upward movement suggests a potential continuation of the bullish trend if key resistance levels are broken. Here’s what traders should monitor:
💡 Key Levels to Monitor:
Immediate Resistance: 0.1058 – Breaking this level could confirm further bullish momentum.
Support Level: 0.0921 – This support level needs to hold to maintain upward traction.
Critical Support Floor: 0.0824 – A drop below this could trigger further bearish pressure.
🎯 Targets to Watch:
1. First Target: 0.1100 – A break above 0.1058 could lead to testing this resistance level.
2. Second Target: 0.1146 – Sustained bullish pressure might drive REQ toward this next level.
3. Third Target: 0.1200 – A strong rally could push REQ to test this key psychological level, signaling a robust uptrend.
🚀 Upside Potential: A break and hold above 0.1058 could attract more buyers, propelling REQ toward the outlined targets.
⚠️ Downside Risk: If REQ fails to maintain the support at 0.0921, it could signal a retracement toward 0.0824, requiring caution for long positions.
Stay vigilant – REQ could be gearing up for significant moves in the coming sessions!