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#REN 1D

Data from Cryptovizor

TREND 🟢🔴🔴🔴🔴

MA 🔴 RSI 🟠 01.06.2023

Volume 1D 346.16 K CD Week 171.98 K

Ren is locked in a strong downtrend but has reached a key buyer control zone. Counter-trend purchases are possible here for skilled traders or if the market signals a counter-trend. Volume distribution is even along the downward impulse. First resistance lies within $0.080-0.085 range, offering a potential 12-15% given buyers uphold support. Comfortable longs could start post securing above $0.095, pushing price above MA 50/200 12H. If buyers fail to hold $0.07, a 12% drop is likely.

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