
Post
Elex
RE/USDT Quick Update & Prediction đ
âCurrent Price: $RE 0.42509 (+5.01%)
Key Levels to Watch:
âđĄïž Support: $0.40518 (MA5 / MA10) and $0.39825 (24h Low)
âđŻ Resistance / Targets: $0.44968 (MA20 / Mid Band) and $0.45333 (24h High)
âMarket Outlook
âShort-Term Rebound Potential
After declining from past peaks near $0.83128 down to support at $0.35720, RE is attempting a bounce. The price is trying to push above its short-term moving averages (MA5: $0.40518 and MA10: $0.40649).
âBullish Scenario (Breakout Above $0.4533)
âTarget 1: Pushing past the 24-hour high of $0.45333 targets the key 20-day moving average and mid-Bollinger level around $0.44968 - $0.45000.
âTarget 2: Sustained volume above $0.4533 opens up room toward the upper Bollinger Band near $0.56228.
âBearish Scenario (Drop Below $0.3982)
âSupport 1: If price drops back below the 24-hour low at $0.39825, expect short-term weakness toward $0.37000.
âSupport 2: Major lower bound support sits at the lower Bollinger Band ($0.33709) and the local low at $0.35720.#CPIToResetFedBets #OKXTraderVoices

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