Many people have asked to analyze the REEF coin. On the chart, you can see a big value area. The price has tried several times to break through the lower boundary of this area, but so far without success. There are two scenarios at the moment: - Either the price will return to the resistance level, squeeze and then break the resistance level. - Or the price will break below $0.025, collect liquidity and then break through resistance.
In both scenarios, this is a good buying opportunity after breaking through or retesting this level as support.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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