DAY UPDATE REI/USDT THE INCREASE CANDLE OF UP $0,03 - $0,05REI is an interesting coin since the update of Q4
We have seen that this coin was able to increase to $0,031 and until here $0,018 zone, a return to where we are now. There is a high chance that this coin can recover next 24H if this coin is able to confirm the confirmation $0,02 - $0,021
This coin, as before, was targeted at $ 0.02 and had low volume. We expect that if it comes back to $ 0.02, it will be confirmation of the volume, which can take the trend with a candle to up $0,03
REI CONFIRMATIONS ZONE
Higher time frame
When you look normally at this coin, then this coin is in a trend line of breakdown. This can change with the next confirmations. The question is, are we going to see again $0,02 the next 24h? If yes high chance of a break.
We also have a cycle update 2025, check it here, expecting $0,90
Will REI Network (#REI) Hold Its Ground or Take a Plunge?Yello, Paradisers! Have you been keeping an eye on REINetwork (#REI)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#REIUSDT has been trading within a falling wedge pattern on the 1D timeframe. We've previously observed a failed breakout, which reinforces a bearish bias. Currently, #REINetwork is retesting the falling wedge's lower support level, and there is a possibility that it might drop further.
💎The diminishing trading volume and the POC of VRVP acting as resistance increase the chances of a further drop. If #REI fails to hold the support at the falling wedge's lower boundary, it's likely to retest the Bullish Order Block (OB) around $0.447.
💎However, if AMEX:REI fails to hold at $0.447, the next support level to watch is at $0.325. This area is packed with liquidity and can create a good chance of a pullback if tested.
💎On the contrary, if the falling wedge's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #REI's price action, so keep a close eye on these factors.
Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
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