$REN Bulls Take the Lead!
🔹 Ren (REN) witnessed a $64,500 short liquidation at $0.0706, signaling a wave of buyer dominance as short positions got squeezed.
What’s Next for $REN ?
• Resistance Zone:
REN could target $0.0725 if the bullish momentum persists.
• Support Level: On the downside, $0.0685 is a critical zone to watch for stability.
• Market Insight:
Liquidations of this scale often trigger further volatility.
If buying volume strengthens, we may see a solid upward push.
• Trade Strategy:
Look for strong confirmations before entering.
A breakout above resistance can signal an entry for aggressive traders, while cautious players might wait for a dip to key supports.
• Stay focused; REN could be gearing up for action!
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