$RED Shows Signs of Recovery – Bounce Building on 15-Min Chart

$RED is trading at $0.4082 after pulling back from the 24h high of $0.4323. Despite a recent dip, the price is starting to bounce with strong support around the $0.4050 zone. The 15-minute chart shows early signs of a recovery, and buyers may step in soon for another move up.

Easy Long Trade Setup (15-Min Timeframe):

Buy Between: $0.4070 – $0.4090

Support (Bottom Zone): $0.4030

Resistance (Next Target): $0.4320

Profit Targets:

• TP1: $0.4170

• TP2: $0.4260

• TP3: $0.4325 (final target)

Stop Loss: Below $0.4020

Simple View:

RED is still up +11.44% today and gained over +43% this month, showing overall bullish strength. A bounce from current levels could push it back toward resistance. Short-term traders can watch for strong green candles and volume for confirmation.