$RED Signal Fades Reversal Brewing Below the Surface....

$RED rallied sharply to $0.3055 but failed to sustain the breakout, forming consecutive lower highs and signs of distribution. Price is now hovering below $0.2910 with a weakening structure.

• Entry: $0.2909

• Take Profit 1: $0.2850

• Take Profit 2: $0.2785

• Take Profit 3: $0.2700

• Stop Loss: $0.2965

Momentum is cooling, and sellers are reclaiming control with visible resistance overhead. If $0.2900 breaks, expect accelerated downside. Ideal short setup for quick scalpers and intraday traders.