$RED /USDT BEARISH BREAKDOWN AHEAD? 🚨📉

🔍 Technical Analysis

RED/USDT is showing bearish momentum, trading at $0.2764, down 9.26% in the last 24h. The price has sharply rejected from the 24h high of $0.3094, indicating strong selling pressure.

📊 Key Levels:

Resistance Zones:

🔺 $0.3090 – Major rejection zone

🔺 $0.3000 – Psychological resistance

Support Zones:

🔻 $0.2740 – Immediate support (just holding)

🔻 $0.2630 – Strong next support

🔻 $0.2500 – Breakdown target if weakness continues

🎯 Trade Setup: SHORT ENTRY

Entry: $0.2760 - $0.2780

Targets (TP):

✅ TP1: $0.2630

✅ TP2: $0.2500

Stop Loss (SL): $0.2845 (Above short-term resistance)

📌 Confirmation Tip: Enter only if price breaks and closes below $0.2740 on 4H chart for confirmation.

🛡️ Risk Management:

Risk only 1-2% of your capital per trade. Stick to the SL and avoid chasing if missed. Discipline is 🔑.

⚠️ Always DYOR – this is not financial advice!

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