$RED I have already risen to 0.6😍 Buy now through the deficit 🫣🤩 As soon as a profit margin is achieved, sell immediately without waiting 🤑🤑🤑
Why does it seem that trading on #Redstone ($RED) is stalled? Here’s what you need to know!
If you are following $RED on Binance and notice that price movement is limited, there is a reason for that. Many traders are eager to enter, but there are temporary restrictions affecting trading.
Temporary restrictions on Binance – why?
To manage the high volatility in the pre-market phase, Binance has temporarily imposed a "circuit breaker" during the first 72 hours. This measure prevents sharp and sudden price spikes, helping to stabilize the market as trading begins.
What does this mean for traders?
✅ Trading is confined within a limited range during the first 72 hours.
✅ It prevents excessive price manipulation or violent fluctuations.
✅ After this period ends, the restrictions will be lifted, allowing for normal market movement.
What’s next?
Once the restrictions are removed, $RED may experience a sharp rise due to new buying pressure, or it might face a correction before determining its next direction. The question remains: will the price surge upward or will it decline first?
