RE worth $0.64—are you going to chase?



Look at the surface first: after a brutal washout, a violent rebound.

On June 20 ATH was 1.09, then it kept falling with no looking back to 0.357, down 65%. After bottoming on July 20, four bullish candles directly pushed it back to 0.64, up 30-40% in the past 7 days. Descending wedge breakout + volume expansion, bottom confirmed—so the rebound continues.

First thing: nobody wanted the RE at 0.36, but everyone is rushing to buy the RE at 0.64.

When it was at 0.36, the group chat was full of “it’s zeroed,” “RWA is all a scam,” and “you’re going to bag-hold me for another 3 years.” Then one week later it surged to 0.64, and the same people started asking, “Can it still get on board?”

You weren’t cut for no reason—you panic at the lowest point forever, and you chase (FOMO) at the highest point.

Second thing: in the RWA track, RE fundamentals are shockingly solid.

TVL is $572 million, and the real insured portfolio is over $500 million

Connected to housing, commercial auto insurance, and workers’ compensation—all low-volatility, real insurance products

Target annualized return of 8-16%, backed by licensed reinsurance institutions

The global reinsurance market is over $800 billion, and RE’s market cap is only $100 million

You think you’re betting on a memecoin, but actually you’re betting on a protocol connecting an $800 billion traditional insurance market.

Third thing: the technicals tell you—bottom may already be in.

From 1.09 to 0.36, down 65%—the selling that needed to happen has already happened.

Four consecutive bullish candles + volume, real buyers stepping in with real money

Descending wedge breakout; the theoretical target points to 0.80-0.90

But don’t forget: 0.67-0.70 is short-term strong resistance—today it already hit the wall once. Will it break straight through, or will it pull back to 0.55 and then go up?

Bull vs bear—you decide.

Bulls say:

After a 65% crash, a V-shaped reversal, bottom confirmed with volume

RWA track heat is not fading; RE has real TVL support

Global reinsurance market of $800 billion, $100 million market cap is severely undervalued

Hold above 0.60, target 0.80-1.00

Bears say:

Up 70% in a week—short-term severely overbought

New coin volatility is high; a 20% pullback can happen anytime

Macro is weak; if BTC breaks below 60k, RE will likely collapse too

Key levels

Resistance overhead: 0.67-0.70 → 0.80 → 1.00 (prior high)

Support below: 0.55-0.58 → 0.50 (iron floor)

For short-term traders:

If you already hold: take partial profits near 0.65-0.70 first, keep a core position to watch 0.75-0.80. If you haven’t boarded: wait for a pullback to 0.55-0.58 to try a small long, stop-loss at 0.50, first target 0.75. If it breaks above 0.68 and holds, you can chase; stop-loss at 0.63.

For swing traders:

Wait for BTC to stabilize at 65k; if RE breaks out above 0.80 on volume and then retests to confirm, look toward 1.00 and even the prior high. New coin volatility is large—control position size at 5-10% of total capital.

For long-term believers:

RWA track + real insurance yield—build positions in batches below 0.60, hold for 6-12 months targeting 1.50-2.00.

Remember two lines:

Real bottoms are when most people are too afraid to buy.

RE right now is like ONDO in 2024—everyone is cursing “RWA is a scam,” and yet it still pumped 10x. #直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢 $BTC $ONDO $RE
BTC-1.91%
ONDO-6.62%
RE-13.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-064692d5
· 16h ago
To The Moon 🌕
Reply0
GateUser-064692d5
· 16h ago
To The Moon 🌕
Reply0
  • Pinned