$RED /USDT – Bearish Pressure Mounting! 🔻⚠️
Current Price: $0.4364 (+4.70%)
Market Structure:
Recent spike faced strong rejection near $0.5150
Lower highs forming, signaling weakening bullish momentum
Consolidation near support with bearish candles on 15m
Key Levels:
Resistance: $0.4550
Support: $0.4300
Breakdown Trigger: Closing below $0.4300
Short Setup:
Entry Zone: $0.4350–$0.4380
TP1: $0.4200
TP2: $0.4050
TP3: $0.3900
Stop Loss: $0.4480
Pro Tip:
Watch for a clean 15m close below $0.430 to confirm momentum. Rejection from $0.445 can offer tighter risk-reward short entries.
🚨 Caution bulls—$RED is showing signs of exhaustion. Stay sharp for a potential breakdown!
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