$RED 🚀 🚀 BULLISH MOMENTUM 🚀 🚀
🔍 Technical Analysis Overview
📈 Trend & Momentum
Current Price: $0.4972
24h Volume: $5.45 million USDT
Trend: Short-term downtrend observed as price is below the 7-day and 25-day moving averages.
🧭 Trade Setup
✅ Bullish Scenario (Long Entry)
Entry Point: If price moves above $0.6230, consider entering a long position.
Targets:
TP1: $0.6334
TP2: $0.6500
Stop Loss: Below $0.6000
Confirmation: Look for increasing volume and RSI moving above 50 to confirm bullish momentum.