Reef coin pump is due to several reasons, and its next move can be analyzed accordingly. First, if there is positive news in the market, smaller projects like Reef tend to get a good impact. Additionally, the team has given signs of development and partnerships. Besides this, Reef is a strong project in the DeFi space, which currently has a lot of craze in the market.

Its next short setup is forming between 0.0022 and 0.0025. A short setup could be made, and the price could drop by 10% to 15% from this range.

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