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🔷️ $RE experienced a strong launch move but has been under selling pressure since the initial spike. Price is now testing one of the most important support zones on the chart around the green level.
As long as this support holds, a recovery toward the nearby resistance levels remains possible. However, a breakdown below support could increase volatility and open the door for a move toward lower liquidity areas.
The green lines represent support zones, while the yellow lines mark the key resistance levels I’m watching in the short term.
⚠️ Not financial advice.
#Bitcoin #BTC #RE #Crypto