$REI /USDT Technical Analysis
Current Price: $0.0623
24h Price Change: +4.29%
Key Technical Indicators:
Resistance Levels:
1st Resistance: $0.06469 (previous 24h high)
2nd Resistance: $0.06600
3rd Resistance: $0.06850
Support Levels:
1st Support: $0.05878 (previous 24h low)
2nd Support: $0.05700
3rd Support: $0.05500
Momentum:
RSI: Neutral to Bullish (slightly above 50, indicating upward momentum)
MACD: Bullish crossover, indicating increasing upward momentum in the short term
Volume: Relatively high, supporting the current price increase
Trade Signal:
Bullish: Price is trending upwards, with support at $0.05878 holding. A breakout above $0.06469 could target the next resistance levels at $0.06600 and $0.06850.
Short-Term Target Levels:
1st Target: $0.06469 (if price breaks through resistance)
2nd Target: $0.06600 (next significant resistance)
3rd Target: $0.06850 (higher resistance level)
Trade Momentum:
The market shows bullish momentum, with higher highs and volume supporting the upward movement. However, traders should monitor for any reversal signals if the price fails to maintain momentum above the $0.06400 resistance level.
#CorePCESignalsShift #USUALAnalysis #GrayscaleHorizenTrust #BinanceLaunchpoolBIO