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REN/USDT – Increasing Buyers but Caution Needed

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There’s a noticeable increase in buyer activity on REN, suggesting growing interest. However, with the broader market showing signs of potential dumping, finding an optimal entry point remains challenging.

I’ve identified a few key buy zones to consider, with one being significantly lower in case the market experiences a deeper correction.

Key Observations:

  • Buyer Momentum: Increasing volume indicates accumulation, but confirmation is needed for a strong trend reversal.
  • Buy Zones: Multiple zones have been identified to balance risk and potential reward, including one very low zone as a contingency.
  • Market Context: Current market conditions lean bearish, so patience and disciplined entries are critical.


Strategy:

  • Wait for price action to reach one of the identified buy zones.
  • Look for confirmation signals (e.g., strong rejection wicks or bullish candlesticks) before entering.
  • Manage risk carefully, considering the volatile market environment.
  • Stay cautious and ready to adjust as the market evolves.


I keep my charts clean and simple because I believe clarity leads to better decisions.

My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.

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交易开始
Works as a charm 0 drawdown entry.
Chart PatternsHarmonic PatternsRENRENBTCrenusdrenusdtrenusdtanalysisrenusdtlongRENUSDTPERPrenusdtrendrenusdtsignalTrend Analysis

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