REEF is facing strong resistance at $0.022 area and it is correcting to $0.019 area, then there is a high probability that it will continue to increase strongly to $0.027 and $0.038 areas in late August and early September. The support area is very strong that it has just conquered but has not tested it yet. But if it loses the $0.019 zone, it will fall to $0.17 or even $0.12 by the end of August.

🔴Buy : 0.0186-0.0194$. SL if B 🔴Buy : 0.0215-0.0225$ if A. SL if B
🔴Sell : 0.0215-0.0225$. SL if A 🔴Sell : 0.0264-0.0276$. SL if A 🔴Sell : 0.037-0.039$. SL if A
🔵Sell : 0.0186-0.0194$ if B. SL if A 🔵Buy : 00166-0.0174$ if A. SL if B 🔵Buy : 0.0117-0.0123$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Reef Finance is a multi-chain smart yield engine & liquidity aggregator for any DeFi protocol to integrate with.
  • Reef Finance gives retail investors access to the DeFi landscape with a low technical entry barrier while at the same time augments the decision making process based on users' risk levels.
  • REEF is the native utility token of Reef Finance with the following use cases:
    • Governance: vote on different proposals such as releasing new features and re-adjusting certain parameters in the system;
    • Protocol Fees: pay fees for operations such as entering/exiting an allocation basket, reallocation, rebalancing and other activities;
    • Staking: stake into various pools to earn interests with preferred APR;
    • Yield Distribution: choose the payout ratio of the profit generated by the activities in your allocation basket.