• 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.
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.
🚨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