$RED /USDT

📊 Market Snapshot

Current Price: $0.2878 (+2.38%)

24h High: $0.2956

24h Low: $0.2802

Volume:

RED: 2.17M

USDT: $626,741

Resistance Levels:

$0.2956

$0.2989

Support Levels:

$0.2802

$0.2706

$0.2564

🧠 Technical Overview

✅ Bullish Signs

Price is closer to 24h high, showing strength.

Steady increase in price (up 2.38%) with moderate volume.

$0.2800 appears to be solid near-term support.

⚠️ Resistance Ahead

$0.2956 is the key short-term resistance zone.

$0.2989 is a likely profit-taking area; watch for rejection.

🔮 Trade Setup Suggestions

🟢 Long Trade Setup (Bullish)

Entry: $0.2875 – $0.2885

TP1: $0.2955

TP2 (Aggressive): $0.2985 – $0.3000

SL: $0.2800

Risk/Reward: ~1:2.5

Why this works:

You're buying into strength, with support below and room to run to the next resistance.

🔴 Short Trade Setup (If Breakdown)

Entry: Below $0.2790

TP1: $0.2705

TP2: $0.2565

SL: $0.2850

This setup is defensive if price fails to hold the $0.2800 level and turns bearish.

🕒 Timeframe Recommendation:

Use 15m / 1h chart to time your entry and confirm:

RSI (overbought/oversold)

MACD crossover

EMA 9/21 trend alignment

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