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

$RED surged to $1.60 earlier but has since pulled back to $0.84. Is this a dip-buying opportunity or the beginning of a larger correction? Let’s break it down!

**🔥 Key Observations:**

✅ **Strong Breakout:** The stock initially rallied to a high of $1.60.

✅ **Sharp Pullback:** Currently testing the $0.80–$0.85 range as potential support.

✅ **Volume Decline:** Trading volume is decreasing, indicating a possible cooldown phase.

**💡 Trading Strategy:**

🔹 **Bullish Scenario:** If $RED reclaims $1.00, it could potentially rally toward $1.20–$1.50.

🔹 **Dip-Buy Opportunity:** Holding above $0.80–$0.85 may signal a bounce zone for buyers.

🔹 **Bearish Scenario:** A drop below $0.75 could lead to further downside, targeting $0.60–$0.65.