Technical Analysis: $REN
/USDT - Key Targets to Watch 🎯
The REN/USDT pair has been on a strong uptrend recently, gaining momentum with a significant increase in the last 24 hours. As traders eye potential price movements, here are the key targets to monitor in the upcoming hours:
1. Target 1 - $0.09000: The first resistance level is set at $0.09000. A break above this level could signal further upward momentum, with traders looking for confirmation of continued bullish sentiment.
2. Target 2 - $0.10000: The next key target lies at $0.10000, where a larger volume of trading activity may occur. This level could be crucial for pushing the price higher, with potential profit-taking also contributing to the volatility.
3. Target 3 - $0.11555: The 24-hour high of $0.11555 is the final target for REN/USDT in the short term. A successful test of this level could signal a breakout, reaching new price highs and providing fresh opportunities for bullish trades.
Key Levels to Watch:
Support: $0.07000
Resistance: $0.11555
Current Price: $0.08528 (With a recent +42.87% surge)
Keep an eye on these targets for potential breakout opportunities as REN/USDT continues to gather momentum. Happy trading!
#RENUSDT #Binance #CryptoAnalysis #TradingTargets #TechnicalAnalysis