$RED showed a strong rally and hit the day’s high at $0.4222—but right after touching that peak, it faced sharp selling pressure and quickly dropped back to $0.3913.

This kind of sudden reversal after a strong upward move often suggests profit-taking by early buyers or whale exits. If the price doesn't hold around this zone, it could test support near $0.3780 again.

Keep a close watch—next move will show whether bulls can regain control or if bears pull it further down.

Trade here on $RED