Technical analysis by darksignal about Symbol REQ: Buy recommendation (9/2/2025)

darksignal

On the Request Network / USDT (4h, Binance) chart, we can see a strong downward move that pushed the price towards the $0.128 area, where a first buying reaction is appearing. This level coincides with a local support zone that has previously stopped declines multiple times. Key points to note: The price has reached the lower boundary of the recent consolidation range, which increases the chances of a rebound. The sell-off was sharp, and markets often see corrective upward moves after such strong drops. Moving averages are still sloping down, but a short-term recovery is possible if buying pressure holds. In summary, there is a probability that in the coming days the price will attempt a rebound towards $0.15, which represents a psychological resistance and a former balance area from August. Potential TP: 0.15 USD