Former FTX Exec Is Still Fighting Legal Battle With Prosecutors
Ryan Salame's Legal Battle: Former FTX executive Ryan Salame is attempting to overturn his 7.5-year prison sentence, claiming his guilty plea was coerced by prosecutors who threatened not to investigate his partner, Michelle Bond, in exchange for his cooperation.
Judge's Response and Ongoing Issues: Judge Lewis Kaplan has described Salame's plea withdrawal request as "ambiguous" and is considering sanctions, while the U.S. Attorney's Office denies any agreement to refrain from investigating Bond, who faces her own legal challenges related to campaign finance violations.
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Technical Analysis for REQ
Technical Sentiment Analysis for Request (REQ) As of , Request (REQ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for REQ stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, REQ is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Request (REQ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.049 | 0.0623 | 0.0753 | 0.0886 | 0.102 | 0.115 | 0.128 |
| Fibonacci | 0.0623 | 0.0723 | 0.0785 | 0.0886 | 0.0986 | 0.105 | 0.115 |
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