【$REU Signal】Go long — 1H range-bound at high levels, negative funding rate supports

$REU 1H RSI 71.79, funding rate -0.0191%, shorts have not been able to break down. The MACD histogram is contracting but still remains above the zero line. The 4H Bollinger Band upper band at 0.6567 forms short-term resistance. Current price is 0.6412; bid depth is slightly weak, but sell pressure has not been amplified.
🎯 Direction: Go long
⚡ Entry / limit orders: 0.639276 - 0.641200
🛑 Stop loss: 0.634788
🚀 Target 1: 0.650818
🚀 Target 2: 0.655627
🛡️ Trade management: - Execute strategy: after reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry area, automatically exit to protect principal.
The recent rally is up 35%. RSI being at a high level suggests there are short-term profit-taking pressures, but the negative funding rate prevents a deep sell-off. After the 1H trading volume shrinks, steady turnover may be building up for a second attempt. The risk-reward ratio is 1.5x, which is reasonable for a short-term play.
View live market 👇 $REU
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