$REQ đ REQ/USDT Technical Analysis đ
đš Current Price: $0.1569
đ 24h High: $0.1772 | đ 24h Low: $0.1280
đ 24h Volume: 186.34M REQ / 28.35M USDT
đ Price Change: +21.53%
Market Overview:
The REQ/USDT trading pair is experiencing a strong bullish rally, surging over 21% in the last 24 hours. High trading volume (186.34M REQ) indicates significant interest, with traders capitalizing on the upward momentum.
đŻ Price Targets:
1ď¸âŁ Short-Term Target: $0.1797
As the next resistance level in the order book, this price could signal a breakout zone if breached.
2ď¸âŁ Medium-Term Target: $0.20
A round psychological level often triggers increased buying interest.
3ď¸âŁ Long-Term Target: $0.25
If market sentiment remains bullish and REQ sustains momentum, this level could be a key milestone for long-term investors.
Key Indicators:
Parabolic SAR: $0.1744, indicating potential consolidation before another breakout.
MACD: Signals bullish momentum with a positive divergence.
Bollinger Bands: Suggest elevated volatility with potential price expansion.
EMA (Exponential Moving Average): Shows bullish alignment, confirming upward trend strength.
Support and Resistance Levels:
Support Levels: $0.1436 and $0.1280.
Resistance Levels: $0.1772 and $0.1797.
Trading Tips:
Keep an eye on $0.1772 resistance; breaking this could drive prices toward $0.20.
Watch for potential retracements near $0.1436 support for re-entry opportunities.
Plan your trades carefully and practice proper risk management to maximize gains! đ
#MarketMajorComeback #REQUSDT #CryptoTrading