$RED /USDT RANGE-BOUND CONSOLIDATION – AVOID ENTRY UNTIL BREAKOUT CONFIRMS
$RED is currently moving sideways in a narrow zone between $0.3286 and $0.3360 on the 15-minute chart. Volatility is high but direction is unclear, with repeated upper and lower wicks indicating indecision and liquidity traps.
Trade Setup:
No clear long or short trade setup at the moment. Wait for:
Bullish Confirmation: Break and hold above $0.3375
Bearish Confirmation: Close below $0.3280
Why Wait?
False breakouts and erratic wicks are dominating the range. Entering without confirmation risks quick stop-outs and loss of capital in a choppy market.
Risk Management Tip:
Let the chart speak — avoid trading inside indecisive zones. Play only confirmed breakouts with clean structure and trend clarity.
Discipline is key in sideways zones — protect your capital and wait for clarity before acting on $RED
