🚀 $RED /USDT BULLISH BREAKOUT SETUP – MOMENTUM BUILDING STRONG! 📈
🔍 Technical Overview:
$RED is trading at $0.2886 (+6.14%), showing strong bullish momentum after a solid bounce from the $0.2700 support. Price is approaching key resistance at $0.2950, and a breakout above could fuel further upside toward higher targets.
📊 Key Levels:
🔺 Resistance Levels:
$0.2950 – Immediate resistance
$0.3055 – 24h high
$0.3200 – Major bullish target
🔻 Support Levels:
$0.2800 – Minor support
$0.2700 – Key demand zone
💼 Trade Setup – LONG Entry:
🟢 Entry: $0.2886 or on retest near $0.282–$0.285
🎯 Targets (TP):
TP1: $0.2950
TP2: $0.3055
TP3: $0.3200
🛑 Stop Loss (SL): $0.2700
📈 Indicators Confluence:
✅ MACD turning bullish
📊 Volume rising with price
📈 Riding upper Bollinger Band
🛡️ Risk Management:
Risk 1–2% max per trade.
Maintain 1:2 or better risk-reward ratio.
Use tight SL to avoid volatility traps.
🔥 Conclusion:
$RED/USDT is showing bullish strength with breakout potential above $0.2950. Watch for confirmation and manage your risk smartly! 💪🚀📊
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