$RED just reclaimed key support—bulls preparing for another leg up

Current Price: $0.2822

24h Change: +5.22%

24h Volume: 3.54M RED / $953.67K USDT

Range: $0.2545 (Low) – $0.2844 (High)

Long Trade Setup

Entry Zone: $0.2780 – $0.2835

Price is consolidating near the top of the daily range after a strong bounce from the $0.2545 low. Momentum is steady, and price is holding above key intraday levels.

Targets:

TP1: $0.3020

TP2: $0.3180

TP3: $0.3360

Stop-Loss:

Below $0.2730 — breaks below this level would likely stall the uptrend.

Technical Snapshot

Price is forming higher lows and pressing against minor resistance

Break above $0.2844 would confirm continuation of the current bullish leg

Volume is moderate but consistent—no signs of profit-taking yet

Trade Strategy

Look for a confirmed 1H close above $0.2840 to trigger fresh upside. Ideal entry remains on dips into the $0.2780–$0.2800 area with tight risk management. Structure remains bullish unless price drops back below $0.2730.

Buy and Trade here on $RED