RE this trend, one word: crazy.

Just five days since launch, from 0.4 to 0.95, doubling with a twist. But looking back, within 24 hours, it dropped from 0.95 back to 0.42, a 69% fluctuation—bulls and bears both killed, does the dog whale not feel sore?

The fundamentals of this coin are actually decent—Re Protocol is an on-chain reinsurance protocol, linking stablecoin capital with the trillion-dollar traditional insurance market, not an air coin. But the price movement in the first 48 hours before launch was purely speculative trading.

Key levels: resistance above at 0.85-0.92; support below at 0.65-0.72. Now it’s stuck in the middle, entering is just gambling. Wait until it tests support around 0.65 before considering, or wait for a volume breakout above 0.85 to chase, everything in between is a trap.

Someone asked: Why do non-mainstream coins keep rising? Just three words: quick money.

A Bitcoin daily increase of 3% is called a big rise, a altcoin doubling in a day is considered normal. Retail investors want to get rich fast, not steady growth. Plus, once it spreads on social media and FOMO kicks in, who cares about fundamentals, just rush in first. But this is no different from gambling—you profit when others lose, slow movers are the bagholders. Playing around is fine, but don’t take it seriously. #我的Gate交易时刻 $RE