REVOX narxiREX

$REX come on

Looking at this chart of REX/USDT from Bitget, here’s what the movement implies: Strong Uptrend: There's a sharp spike in the price, from around $0.01064 (24h low) to $0.01755 (24h high). That's a ~62% increase over 24 hours — very significant. Volume Surge: There’s a big increase in trading volume (see the tall volume bars at the bottom). A high volume spike often confirms the price movement, meaning this price jump is supported by strong trading activity. Moving Averages: The short-term MAs (MA5, MA10) and EMAs are all turning upwards sharply, which usually indicates a bullish trend. Small Pullback: After hitting the peak at $0.01755, the price slightly pulled back to $0.01748. This could mean a minor correction or just natural consolidation after a big run-up. In simple terms: This chart shows a very bullish breakout with strong volume. However, since it pumped so fast, it could either continue higher (if momentum stays) or pull back temporarily (profit-taking by early buyers). Are you thinking about entering a trade here? If yes, I can help you analyze possible entry and exit points!

🔸 $REX ’s trading volume of 211.8 M on the 4H chart highlights robust buyer interest following its breakout. 🔸 Consolidation between $0.0155 and $0.0170 suggests an accumulation zone. 🔸 The 20-period MA near $0.0126 may provide crucial dynamic support in case of retracement. 🔸 Tightening Bollinger bandwidth suggests a breakout; upper band at $0.01730 becomes the immediate target. 🔸 RSI(12) around 91 remains elevated; traders should vigilantly watch for divergence as an early warning sign. 🔸 Conclusion: Support at the 20-period MA, confirmed by volume spikes, will validate further upside.

🔸 $REX climbed from a 4H low of $0.00926 to a 24H high of $0.01730, fueling an 87% rally. 🔸 Price broke above the 10-period MA, confirming bullish strength on the 4H chart. 🔸 Bollinger upper band at $0.01493 acted as interim resistance before the surge, now providing support around $0.0155. 🔸 Volume spiked to 211.8 M REX, confirming heavy accumulation by buyers. 🔸 RSI(6) at 91 warns of overbought conditions; consolidation may stabilize gains. 🔸 Conclusion: Profits can be booked near resistance, while support around $0.012 offers a buying zone.

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