Technical analysis by CryptoAnalystSignal about Symbol REQ: Buy recommendation (5/7/2025)

#REQThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.1367.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 0.1386First target: 0.1400Second target: 0.1420Third target: 0.1440