🚀 $REN
{spot}(RENUSDT)
/USDT Technical Analysis 🚀
REN has been showing positive momentum recently, with a slight increase in price. Let’s break down the key levels and potential targets to watch out for:
🎯 Target 1: $0.03850
The first resistance level to keep an eye on is around $0.03850. This area could act as a short-term target if REN continues its upward trajectory. Watch for any breakout above this level for potential further gains.
🎯 Target 2: $0.04000
The next target lies around the $0.04000 level. A solid move above $0.03850 could push REN towards this key psychological level. It’s a major resistance area, so if the price breaks through, we could see a more substantial rally.
🎯 Target 3: $0.04330
The 24-hour high of $0.04330 remains a crucial resistance level. If REN continues its bullish run, this could be the next major target. A clean breakout above this level would confirm a strong bullish trend, offering more room for price growth.
Key Levels:
Support: $0.03512 (24h low)
Resistance: $0.04330 (24h high)
💡 Volume Insight: With 89.20M REN traded in the last 24 hours and a solid volume of 3.39M USDT, the market remains active, providing good opportunities for traders.
Keep an eye on the price action and stay ready to adjust your strategies based on how the market reacts to these key levels.
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