Here's a technical snapshot and trade outlook for $RED
/USDT (Perp)
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🧠 RED/USDT – Market Snapshot
Last Price: $0.2981
Mark Price: $0.2984
24h Change: -2.04% 🔻
24h High / Low: $0.3160 / $0.2937
24h Vol (RED): 22.65M
24h Vol (USDT): 6.92M
Current Vol: 43,291
MA(5): 251,052
MA(10): 501,584
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🔍 Key Technical Levels
Level Price Significance
Resistance $0.3047 Nearest overhead selling pressure
$0.3111 Mid-resistance area
$0.3160 24h High – strong resistance
Support $0.2937 24h Low – current support
$0.2920 Previous support zone
$0.2871 Lower support, breakdown risk zone
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📊 Trend & Momentum
Indicator Status Comments
Trend Bias Weakly Bearish Lower highs, testing support zones
Volume Low Current < MA(5) & MA(10), low activity
MA Trend Bearish MA(5) < MA(10), trend fading
Volatility Low-Med Tight 24h range, but watching for pop
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📈 Trade Scenarios
🟩 Scalp Long – Range Rebound
Entry: $0.2937–0.2950 (on price stabilization or reversal)
Target: $0.3047 → $0.3111
Stop-Loss: $0.2910
Risk Level: Medium
Confirmation Needed: Bounce with > MA(5) volume
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🟥 Breakdown Short
Entry: Confirmed close below $0.2920
Target: $0.2871 → $0.2800
Stop-Loss: $0.2960
Risk Level: Higher reward, especially if volume increases
Conviction: Moderate (needs confirmation)
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⚖️ Summary
Bias: Weak Bearish
Range to Watch: $0.2937 – $0.3111
Critical Level: $0.2920 (support to hold or break)
Strategy: Range scalp long if bounce confirmed; otherwise, short on breakdown
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Let me know if you'd like RED/USDT added to a watchlist spreadsheet, chart overlay, or compared with similar low-cap alts.
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