$RE recorded a long liquidation near $0.39521, showing that leveraged buyers were forced out around this level. This makes the nearby support zone important for the next move. Initial support sits around $0.3850–$0.3920, while stronger support is near $0.3750. Resistance stands around $0.4050–$0.4150. A breakout above $0.4150 could shift momentum toward $0.4300 as the next target. If price fails to reclaim resistance, another test of support remains possible. A sustained move below $0.3750 would turn the structure more bearish. Current bias: neutral to cautiously bullish above $0.3850.
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