$RED
/USDT BULLISH LONG SETUP
Technical Analysis:
$RED/USDT has shown strong momentum after a sharp rebound from its recent low. Price action is holding above key support and pushing towards resistance zones, indicating continuation of bullish strength. A breakout above resistance levels could trigger further upside moves.
Entry (Long): 0.5869
Targets:
TP1: 0.6047
TP2: 0.6590
TP3: 0.7200
Stop Loss: 0.5300
Key Levels:
Support: 0.5300 – 0.4929
Resistance: 0.6047 – 0.6590 – 0.7200
Risk Management:
Risk only 2-5% of capital per trade, adjust position size according to SL distance, and secure partial profits at each TP.
#CryptoTrading #TechnicalAnalysis #Altcoins #Binance #REDUSDT 🚀