🚨 $RED /USDT – Still Holding Strong Above $0.50! Can It Power Higher?

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RED is consolidating just above the psychological $0.50 mark, now trading at $0.5104 (+18.42%). After a clean breakout and a healthy retest, bulls are showing signs of reloading for a potential next leg.

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📊 Market Snapshot

• Current Price: $0.5104

• 24H High / Low: $0.5183 / $0.4241

• 24H Volume: 12.46M RED | 5.81M USDT

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📈 Technical Overview

• Support: $0.5000 (strong base forming after breakout)

• Resistance: $0.5183 (short-term barrier, clean break needed)

• Trend: Bullish momentum intact; consolidation with rising volume is a positive sign

• RSI: Floating around 62–64 on 15m and 1H — still has room to run

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🎯 Trade Plan – SPOT or Low-Leverage LONG

• Entry Zone: $0.5050 – $0.5120

• TP1: $0.5250

• TP2: $0.5400

• TP3: $0.5550

• Stop Loss: Below $0.4940

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💡 Insight:

$RED is doing exactly what a good breakout play should — pushing past resistance, holding the level, and consolidating with healthy volume. If bulls reclaim $0.5183 cleanly, the next surge might be sharp.

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Disclaimer: This is not financial advice. Always DYOR before entering any trade.

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Trade here 👉 $RED