After rallying hard to $0.4222, $RED got hit with strong selling, snapping back to $0.3913 in minutes. That kind of sharp reversal usually screams early buyers locking in gains—or whales offloading heavy bags.

The $0.3913 level now acts as a battle zone. Lose it, and we might revisit $0.3780 support. But if bulls step up, this dip might just be a healthy reset before another leg up.

Trade with caution, but this next move could be big.

Tracking $RED USDT Perp.