שורט

REEFUSDT Range High| Low Volume| RSI| PA Rotation

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Evening Traders,

Today’s analysis – REEFUSDT – trading within a clear range that has defined boundaries,

Points to consider,
- Price Action Ranging
- Range High Resistance
- Range Low Support
- RSI Neutral
- Low Volume

REEFUSDT’s immediate price action is correction within a range, directional biases are to be from range high and range low.

The Range High being resistance allows for a valid short as the current volume profile is quite low and the RSI being neutral.

Overall, in my opinion, REEFUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work

And remember,

“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee

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