Analysis for the trade /$RED USDT with entry points:
1. Key levels and current situation
- Current price: $0.4126 (-1.76%)
- Support:
- $0.405–0.408 (EMA7 0.4067 + EMA25 0.4052)
- $0.400–0.403 (psychological level + cluster of buy orders)
- $0.3877 (minimum in 24h)
- Resistance:
- $0.413–0.415 (nearest sell walls 12K–72K RED)
- $0.424–0.432 (historical levels + maximum in 24h)
2. Balance of forces (Order Book)
- Buyers:
- $0.405–0.408: 64K–93K RED (local support).
- $0.400–0.403: 15K–64K RED (reserve zone).
- Sellers:
- $0.412–0.415: 98–72K RED (nearest resistance).
- Above $0.415 volumes are decreasing – weak pressure.
Conclusion: Price is testing resistance $0.413–0.415. Breakout possible with increased volume.
3. Indicators and trend
- EMA:
- Price above EMA7/25/99 (0.4067–0.4051) – short-term bullish trend.
- MACD:
- DIF (-0.0007) > DEA (-0.0030) – weak bullish momentum (MACD: 0.0023).
- Volumes:
- Current: 19.4K RED (below average).
- 24h: 4.35M RED / 1.76M USDT – low liquidity.
4. Scenarios for the trade
🔵 Long (Buy) – On breakout from resistance
- Entry: $0.413–0.415 (breakout with volume >50K RED).
- Confirmation:
- Closing candle above $0.415.
- Take profits:
- TP1: $0.424 (50%)
- TP2: $0.432 (30%)
- TP3: $0.440 (20%)
- Stop-loss: $0.405
🔴 Short (Sell) – On rejection from resistance
- Entry: $0.413–0.415 (test + decrease in volume).
- Confirmation:
- Bearish candle (e.g., pin bar).
- Take profits:
- TP1: $0.405 (60%)
- TP2: $0.400 (40%)
- Stop-loss: $0.418
5. Risk management
- Risk per trade: ≤1.5% of deposit.
- R/R:
- Long 1:3 (at TP $0.440).
- Short 1:2 (at TP $0.400).
- Long strategy: Move SL to $0.410 at TP1.
6. Summary
- Priority: Long on breakout at $0.415 with TP $0.440.
- Short: Only on a clear rejection from $0.413–0.415.
- Key factor: Volumes – without confirmation flat is possible.
