$REQ /USDT BEARISH RANGE PRESSURE – DOWNSIDE BIAS IN CONTROL
Market Bias: Bearish
REQ/USDT is trading below a tight resistance band after multiple failed attempts to push higher. The structure reflects distribution within a narrow range, with sellers defending the upper zone and price leaning toward lower support levels.
Trade Plan (SHORT):
Entry Zone: 0.1055 – 0.1085
Stop Loss: 0.1108
Targets:
TP1: 0.1022
TP2: 0.1006
TP3: 0.0980
Technical Confluence:
• Repeated rejection from overhead resistance
• Range structure favoring downside continuation
• Weak momentum on intraday timeframes
• Lower liquidity resting below range support
Risk Management:
Risk strictly 1–2% per trade, take partial profits at TP1, and trail stop loss to breakeven to protect capital.
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