Binance Futures Signals

How to use the Range Expansion Index technical indicator 📊 👉 The Range Expansion Index (REI) measures the momentum of price action by comparing the true high and low prices over a specified period It oscillates between -100 and +100 and can help identify overbought and oversold conditions. This indicator aids traders in spotting potential reversals and understanding market momentum. 📈 REI value above +60 indicates the market is overbought and may suggest a potential downward reversal. 📉 REI value below -60 indicates the market is oversold and may suggest a potential upward reversal. ⏳ Look for the duration of time the REI line spends in overbought or oversold territory. If it stays beyond six price bars, the trend is likely strong and may not reverse soon. 🤝 Combine REI with other indicators like moving averages to confirm trends. This helps in identifying the end of pullbacks and trading the next impulse wave in the trend direction. 📌 Save for later and share with a friend! #trading_tips

✅ Long #1000PEPE/USDT Breakeven Entry zone : 0.0156537 Targets : 0.0158638 0.0161718 0.0164798 0.0167879 0.0170959 0.0174039 0.0177120 Stop loss :143667 Leverage: 20x cross

ByBit USDT #1000PEPE/USDT All entry targets achieved Average Entry Price: 0.0156537 💵

✅ Long #1000PEPE/USDT Breakeven Entry zone : 0.0156537 Targets : 0.0158638 0.0161718 0.0164798 0.0167879 0.0170959 0.0174039 0.0177120 Stop loss :143667 Leverage: 20x cross

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