• The price has recently broken out of the trendline after bouncing from the support zone near the 200 EMA.
• The overall trend of the pair is bullish, as we can observe a structure of higher highs and higher lows. It is expected that the price will continue its trend and potentially form new highs.
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🚨REN / USDT : 4H
🧩Analysis :
• The price has recently broken out of the trendline after bouncing from the support zone near the 200 EMA.
• The overall trend of the pair is bullish, as we can observe a structure of higher highs and higher lows. It is expected that the price will continue its trend and potentially form new highs.
Buy : $0.0755
Target : $0.0896
SL : $0.0660
#REN