$RED

BEARISH SETUP UNDER KEY RESISTANCE 🔻📉

$RED is currently trading at $0.2916 (-1.09%), showing signs of weakness after failing to break above resistance. A bearish move looks likely if momentum doesn't shift soon.

📊 Key Levels:

Resistance: $0.3050 🚫 | $0.3100

Support: $0.2800 ✅ | $0.2678

Current Price: $0.2916

🔍 Bearish Trade Setup:

Entry (Short): $0.2920

Targets 🎯:

TP1: $0.2800

TP2: $0.2700

TP3: $0.2600

Stop Loss (SL): $0.3055

📉 Price is forming lower highs under resistance, and volume is showing slight decline – indicating selling pressure.

⚠️ Risk Management:

Use proper position sizing – risk only 1-2% of your capital. Stick to SL to avoid larger losses.

💣 Stay alert, trade smart, and don’t chase!

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