$RED Pre-Market Volatility – What’s Next? 🚀

$RED surged to $1.60 but is now pulling back to $0.84. Is this a prime dip-buying opportunity or the start of a deeper correction? Let’s break it down!

🔥 Key Observations:

✅ Strong breakout, hitting a high of $1.60.

✅ Sharp pullback, now testing support at $0.80–$0.85.

✅ Declining volume, signaling a potential cooldown.

💡 Trading Strategy:

🔹 Bullish Case: If $RED reclaims $1.00, it could push toward $1.20–$1.50.

🔹 Dip Buy Zone: Holding $0.80–$0.85 could trigger a bounce.

🔹 Bearish Case: A drop below $0.75 may open the door for a move toward $0.60–$0.65.

⚠️ Risk Warning:

Markets are highly volatile—trade wisely, use stop-losses, and avoid FOMO!

👉 Are you trading $RED? What’s your strategy? Drop your thoughts below! 💬👇