$RED /USDT – Trend Exhaustion Detected! Short Setup Active! 🚨
🔻 Current Price: $0.3920 (+11.40%)
📊 Market Overview:
After a strong vertical move toward $0.4222, $RED is showing signs of exhaustion with back-to-back bearish candles. The price failed to hold higher highs and is now dipping below the last consolidation zone.
🔍 Key Levels:
Immediate Resistance: $0.4050
Support Zone: $0.3800 – $0.3850
24H Range: High $0.4222 | Low $0.3504
📉 Short Trade Plan:
Entry Zone: $0.3930 – $0.3980
TP1: $0.3830
TP2: $0.3730
TP3: $0.3600
Stop Loss: Above $0.4075
⚠️ Pro Tip:
Look for volume drop and weak bounce rejections near $0.40. This could be a solid scalp or swing setup as the parabolic rally cools off.
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