$REI /USDT Update – Retracement Phase Observed

$REI /USDT is currently trading at $0.05816, down by -6.36% in the last 24 hours, showing a correction from the recent high of $0.06469. The price has dropped below the MA(7) and MA(25), signaling short-term bearish momentum, but remains above the MA(99), which provides strong support at $0.05728.

Entry Suggestion:

• Consider entries near $0.05700-$0.05800 if the price stabilizes above the support level.

Targets:

• Short-term Target: $0.06000

• Next Target: $0.06400

Stop Loss:

• Place a stop loss below $0.05550 to manage risk effectively.

The retracement aligns with reduced volume, indicating potential consolidation before a reversal. Monitor closely for bullish signals or breakdowns. Trade with proper risk management.

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