📉 $RED /USDT Technical Update – Bearish Momentum
🔥 Live on Binance
🔍 Analysis:
$RED /USDT is showing a strong bearish breakdown after failing to hold above the 0.30 psychological level. The chart suggests increased selling pressure and a loss of bullish momentum.
📈 Key Levels:
Entry Zone: 0.2760 – 0.2800 (short setup)
Stop Loss: 0.2865 (above recent minor resistance)
Targets (TP):
T1: 0.2670
T2: 0.2580
T3: 0.2450 (major support zone)
📊 Support & Resistance:
Support: 0.2740 – last 24h low
Resistance: 0.2900 – 0.2950 (sell zone)
📉 Sentiment: Bearish Bias below 0.2860
Any move back above 0.2860 could invalidate the setup.
🔔 Risk Management Reminder:
Always use stop loss & manage your position size. The crypto market is volatile.
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