$RED /USDT ā Bounce Setup Underway! š„
Current Price: $0.3317 (+13.44%)
$RED is attempting a short-term recovery after a sharp dip from local highs. The price is stabilizing near the $0.325 zone with early signs of bullish reversal on the 15-minute chart. Traders should watch for confirmation candles above $0.3325 to ride the next leg upward with strong risk management.
Key Levels:
⢠Support: $0.3250
⢠Resistance: $0.3404
Trade Setup:
⢠Entry Zone: $0.3290 ā $0.3325
⢠šÆ TP1: $0.3360
⢠šÆ TP2: $0.3425
⢠šÆ TP3: $0.3495
⢠Stop Loss: $0.3240
Pro Tip: Always wait for volume-backed candles before entry to reduce fakeout risks near resistance.
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