Reef Finance (REEF) Breaks Out Of Long Isolation, Is This A Fake Rally?

REEF looks bullish on a lower timeframe Price reclaims 50 exponential moving average (EMA) on the daily timeframe  REEF price gets rejected by 200 EMA acting as resistance on the daily timeframe.  Reef finance (REEF) has had a tough time recently but has shown great strength bouncing up in a lower timeframe.

Timeline of Reef