$RED

USDT BEARISH MOMENTUM – SHORT PLAY UNFOLDING!

The 15M chart for REDUSDT shows a decisive bearish continuation with a sharp drop towards the 0.2901 support zone. A minor bounce is visible, but sellers remain dominant below key resistance.

🔑 Key Levels:

Resistance: 0.2960 – 0.2980

Support: 0.2900 – 0.2910

Current Price: 0.2930

📉 Trade Setup (Short):

Entry Zone: 0.2935 – 0.2945

Take Profit 1 (TP1): 0.2915

Take Profit 2 (TP2): 0.2900

Stop Loss (SL): 0.2960

💡 Market Outlook:

The chart shows consistent lower highs and lower lows, confirming a bearish structure. As long as price remains below 0.2960, further downside towards the 0.2900 support area is likely, with sellers capitalising on quick scalps within this downtrend.

⚠️ Risk Management:

Keep risk per trade within 1–2% of your total capital. Stick to your SL to avoid emotional decision-making and always trade with a clear exit strategy.

📝 Comment 🔻 if you see this bearish setup playing out and follow for more daily market insights!

#REDUSDT #CryptoAnalysis #ShortSetup #BearishTrend #RiskManagement

buy and trade here on $RED