REN BULL OR SCAM?

2024年10月22日

⚠️Rank 637 on CoinMarketCap, down by 98.5%. This asset has been significantly undervalued and forgotten. It’s not needed by anyone, but as always, the public is stuck in it. Interestingly, its Twitter account has 120,000 followers—not a lot, but still decent. The asset might get pumped significantly.

❗️Currently, we’ve dropped 33% below support from the previous high. If you look at it, it’s just a small dip. There's a new accumulation zone, but it’s within a descending channel, and the price is being squeezed toward a breakout of the trendline. I believe we’ll see a resolution by the end of the year.

📈Minimal targets are $0.13, which is a 300% gain from the current levels. On a bullish market, the asset could rise by as much as 1100% from this entry point. By the way, the price is now even lower than the ICO price — that's the state of this cryptocurrency!

✔️How should you trade it?

Don’t go into futures. The asset has already dropped deeply—going further down would be only for a scam.
You can start buying in a ladder strategy: the first purchase now, the second near support, and the third even lower—though it’s unlikely to drop further.
You can enter on a breakout. If you catch a false breakout, that will be your first entry, so it’s up to you to decide.

2024年11月29日

交易進行

We reached the upper zone and closed half of the position.