🚨 $REQ /USDT Analysis: Volatility Ahead, Watch These Key Levels! 🚨
$REQ /USDT is trading at $0.1509, showing a 15.90% increase in the last 24 hours. After reaching a 24-hour high of $0.1772, the price has retraced, testing support levels while maintaining a bullish structure.
Critical Levels to Watch:
1. Target 1: $0.1600 – Short-term resistance. A move above this level could indicate a rebound and renewed bullish momentum.
2. Target 2: $0.1700 – Mid-term resistance. Clearing this level could open the path to test the recent high.
3. Target 3: $0.1800 – Major resistance. A breakout here would confirm a strong bullish trend with potential for further upside.
Key Support Zones:
$0.1450: A crucial short-term support zone. Holding above this level is essential for the price to maintain its bullish momentum.
$0.1300: Strong long-term support. A drop below this could indicate a deeper correction.
Trading Insights:
For Bulls: Look for a breakout above $0.1600 with strong volume to target the higher levels at $0.1700 and $0.1800.
For Bears: Watch for rejection near $0.1600, which could push the price back toward $0.1450 or lower.
Risk management is crucial as volatility remains elevated. Keep an eye on volume trends and market sentiment for the next decisive move.