$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-buy opportunity or the start of a deeper correction? Let’s break it down!

🔥 Key Takeaways:

✅ Explosive breakout to $1.60 before retracing.

✅ Testing support in the $0.80–$0.85 range.

✅ Declining volume suggests a cooldown phase.

💡 Trading Outlook:

🔹 Bullish Scenario: A reclaim of $1.00 could spark another rally toward $1.20–$1.50.

🔹 Dip-Buy Zone: If $0.80–$0.85 holds, a bounce may be in play.

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

⚠️ Risk Reminder:

Market volatility is high—manage risk, set stop-losses, and avoid FOMO!

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