......Analysis.......
Sharp rise in the price of $RED /USDT - clear breakout, more to come
Long trading setup:
• Entry area: $0.3550 - $0.3620
• Take profit point: $0.3750
• Take profit point: $0.3860
• Take profit point (final target): $0.3980
• Stop loss: below $0.3440
The price of RED has risen from the $0.3287 area, reaching a high of $0.3627, showing strong momentum and steady trading volume. This breakout confirms the strength of the upward trend.
Buyers are in control. If the price holds the support level at $0.3500, we may see a continuation of the rise. Stay optimistic and follow this trend.
