$RED /USDT – Explosive Breakout with Momentum! 🚀
Current Price: $0.3483 (+3.85%)
$RED has just triggered a strong breakout from the consolidation zone below $0.335, surging rapidly toward its 24H high. The recent bullish engulfing candle confirms strong buyer interest and volume inflow. If this momentum sustains, $RED could continue its upward move and challenge the next major resistance levels soon. Traders are watching closely for continuation patterns.
Support & Resistance:
Support: $0.3204
Resistance: $0.3497
Trade Setup:
Entry Zone: $0.340 – $0.348
🎯 TP1: $0.365
🎯 TP2: $0.385
🎯 TP3: $0.410
Stop Loss: $0.324
Pro Tip: Watch for a retest of the $0.340 breakout level as a potential re-entry opportunity.
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