$RED SHOWS STRONG MOMENTUM

Current Status

Price: $0.7588

24 hours Change is +19.53%

24 hours High is $0.7868 24 hours low is $0.6338

Recent Price Action

RED has shown a sharp bullish breakout from the $0.50 zone, with strong volume driving price above $0.75. After a massive spike near $0.78,

the coin pulled back slightly but is now stabilizing with higher lows, indicating sustained buying interest.

The move above the 200 MA ($0.497) has confirmed a shift in market sentiment from neutral to bullish.

Short term consolidation after the pump suggests the market is preparing for its next big move.

Key Levels to Watch

Support Levels: $0.70, $0.63

Resistance Levels: $0.78, $0.85, $0.90

Breakout Scenario

A clean breakout above $0.78 could trigger a rally toward $0.85 and even $0.90.

Breakdown Scenario

A drop below $0.70 could drag price back toward $0.63 support.

Trade Setup

Bias: Bullish (as long as $0.70 holds)

Entry Zone: $0.70 – $0.75

Take Profit Targets:

TP1: $0.78

TP2: $0.85

TP3: $0.90

Stop Loss: Below $0.68

Market Sentiment

Traders are leaning bullish, but caution is advised after the sharp pump.

Disclaimer – this is not financial advice, do your own research before investing.#altcoins #cryptotrading