$RED /USDC REJECTION FROM HIGH – BULLISH STRUCTURE STILL INTACT
FAILED TO HOLD ABOVE $0.3169
CONSOLIDATING ABOVE KEY MOVING AVERAGES
PULLBACK MAY OFFER BUY OPPORTUNITY IF SUPPORT HOLDS
$RED hit resistance at $0.3169 and quickly pulled back but is still holding above all major MAs, maintaining its bullish structure. Current consolidation around $0.3070 is key for the next move.
🟢 LONG TRADE SETUP
Entry Zone: $0.3040 – $0.3070
Take Profit: $0.3130 / $0.3180
Stop Loss: $0.2990
Market Outlook:
As long as $RED stays above the 25MA and doesn’t lose $0.299, the bulls remain in control. Break above $0.3169 could spark a fresh leg upward.
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