$RED /USDT – Reversal-Based Long Opportunity
RED/USDT has rebounded strongly from the intraday low of 0.2591, showing a clean V-shape recovery pattern on the 15-minute chart. Current momentum and volume suggest the formation of a potential intraday higher low, opening the door for continued bullish extension.
Entry Price: 0.2773
Target 1: 0.2820
Target 2: 0.2865
Target 3: 0.2910
Stop Loss: 0.2715
The structure is forming a strong breakout candle with renewed buying pressure. A close above 0.2780 would further confirm bullish strength for this setup.
Risk Management:
Use appropriate position sizing and a strict stop loss below the recent support area. Do not enter aggressively after multiple green candles—wait for a confirmation or retracement.
Pro Tip for Followers:
Focus on timing your entries after reversals from oversold conditions. The best trades often come after strong recovery signals like this one—plan your exits before price hits resistance.