🔻 $RED /USDT Rejected at Resistance – Bearish Pullback Ahead?
$RED /USDT is showing signs of rejection from the key resistance near 0.2857, failing to sustain higher levels and now beginning to descend. If the current structure holds, a bearish retracement toward support zones looks likely.
📉 Trade Setup (Short Idea):
• Entry Zone: 0.2765 – 0.2770
• Stop Loss: 0.2857
• Take Profit 1: 0.2720
• Take Profit 2: 0.2685
• Take Profit 3: 0.2653
Watch for breakdown confirmation below 0.2760 to validate this setup.
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