$RE — Ongoing VIP Trade 📈


This is another VIP setup that continues to respect the original game plan perfectly.
The idea from the start was simple:
• Support established around the 0.68 area
• Resistance sitting near 0.78
• Entry only after resistance gets flipped into support
• Invalidation remains a loss of the support zone
Since then, price has done exactly what bulls wanted to see.
The breakout above 0.78 triggered momentum, buyers stepped in aggressively, and the market quickly expanded into the 0.90 area. What was previously resistance is now acting as the key zone that needs to hold if the trend is going to continue higher.
Right now this looks more like a healthy consolidation after a strong impulse rather than a reversal.
What I'm watching next:
• 0.78 remains the most important support level
• Holding above that zone keeps the bullish structure intact
• Higher lows would signal continuation and further accumulation
• Acceptance back below support would invalidate the setup
As long as buyers continue defending the breakout area, the path of least resistance remains to the upside.
The strongest trends often pause after a breakout, shake out impatient traders, and only then continue higher. So far, that's exactly the type of price action we're seeing here.
For now, this remains another ongoing VIP trade with the original thesis still fully intact. 🚀
RE92.86%
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