This trend, one word: crazy.


Just launched five days ago, 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—bull and bear both trapped, isn't the dog whale tired?
The fundamentals of this coin are actually okay—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 after 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 hot? Just three words: quick money.
A Bitcoin rises 3% in a day, that's called a big gain; a clone coin doubles in a day, that's normal. Retail investors want to get rich fast, not steady growth. Plus, with social media spreading it, FOMO kicks in—regardless of fundamentals, just rush in first. But this is no different from gambling—you profit when others lose, and slowpokes are the bagholders. Playing around is fine, but don’t take it seriously. #我的Gate交易时刻 $RE
RE18.09%
BTC1.41%
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