$RED
USDT BEARISH REVERSAL ALERT – TIME TO SHORT THE WEAKNESS!
$REDUSDT is showing signs of exhaustion after a sharp upward move. Currently trading at $0.2979 (+2.51%), it is approaching a strong resistance zone.
🔑 Key Levels:
Resistance: $0.3019 – $0.3023 (selling pressure visible)
Support: $0.2900 – $0.2804 (previous demand zone)
Current Price: $0.2979
📉 Trade Setup (Short):
Entry Zone: $0.2980 – $0.3020
Targets:
TP1: $0.2900
TP2: $0.2850
TP3: $0.2805
Stop Loss: $0.3030 (above resistance to avoid wicks)
💡 Market Outlook:
RED is losing bullish momentum near the resistance area with bearish rejection candles forming. If it fails to break above $0.3020, a downward correction is expected targeting the lower support zones. A clean rejection here confirms sellers are defending this level aggressively.
⚠️ Risk Management:
Risk only 1-2% of your capital per trade. Maintain discipline in position sizing to sustain long-term profitability.
buy and trade here on $RED
💭 Comment “🔥” if you’re taking this short setup and stay updated for live market plays!