REN | REN daily analysis.
REN once rose by more than 40% in the past 32 hours. On the 4h time frame, the pressure on the upper boundary of the Bollinger Bands is relatively high, which means that the price may retreat sharply at any time. Referring to the levels where the price has stayed this month, it is likely that the price will continue to rise to $0.085 before retracing to the current level.
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