📈 $RED /USDT – Ready to Re-Test the High? 🔁🚀
Price is at $0.2779 (+2.09%), rebounding after a pullback from the recent high of $0.2867. It’s currently riding above all short-term EMAs, with bullish momentum attempting to reclaim the 99 EMA — a key resistance.
📊 Technical Snapshot (1H Chart):
• EMA(7): $0.2776 (supporting price)
• EMA(25): $0.2757 (short-term trend)
• EMA(99): $0.2805 (key resistance)
• 24H High/Low: $0.2867 / $0.2673
• Volume: 6.48M RED | $1.81M USDT
🎯 Trade Plan:
• Entry: $0.2750 – $0.2780
• TP1: $0.2831
• TP2: $0.2867 (retest of 24H high)
• TP3: $0.2908
• SL: Below $0.2720
💡 Price is showing resilience with higher lows and EMAs converging upward.
A confirmed break above the 99 EMA ($0.2805) could launch RED into a new short-term rally. Watch for volume pickup!