🚨 $REN /USDT Analysis 🚨

Current Price: $0.04098

Resistance: The price is facing resistance at $0.04566. This level has been a challenge for bulls, and breaking above it could signal a strong upward move.

Support: The key support level sits at $0.03867. If the price dips below this, it may trigger a bearish trend, making this a crucial level for buyers to defend.

Entry Strategy:

Long Trade: Enter above $0.04566, aiming for targets at $0.04700 and $0.04850. Protect your position with a stop loss at $0.03867.

Short Trade: Enter below $0.03867 with targets at $0.03750 and $0.03600. Place your stop loss at $0.04566 to manage risk.

This setup offers clear opportunities for both bullish and bearish scenarios, with tight levels to watch. Always trade wisely and manage your risk! 📈✨#Ren #CryptoMarketMoves #SahmRule #BlackRockETHOptions