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 killed, isn't the dog whale sore?
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 movements in the first 48 hours after launch were purely speculative hype.
Key levels: resistance above at 0.85-0.92; support below at 0.65-0.72. Now it's stuck in the middle, no clear direction, entering is just gambling. Wait until it tests support near 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 booming? Just three words: quick money.
A Bitcoin rising 3% in a day is called a big rise, a clone coin doubling in a day is normal. Retail investors want to get rich fast, not steady appreciation. 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 from others’ losses, slowpokes are the bagholders. Playing around is fine, don’t take it seriously. #我的Gate交易时刻 $RE