$RED is consolidating after a sharp recovery, with support at $0.3850 and resistance at $0.4220. $RED

RED

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$RED Enter a long position if it convincingly breaks above the resistance with:

TP1: $0.4450

TP2: $0.4680

Alternatively, consider a short position if the price decisively falls below $0.3850, with:

TP1: $0.3600

TP2: $0.3400

#RED Set stop-loss and wait for volume confirmation before entering any trade.