$RED /USDT – Trade Setup: Strong Rally, But Time to Watch Closely
RED has surged over 16% in the last 24 hours, hitting a high of $0.4455 before facing some resistance. The price is now consolidating around $0.3996, suggesting a possible pullback or continuation.
Current Price: $0.3996
Trend: Bullish but Overextended
Entry (Pullback Buy Zone): $0.3740 – $0.3850
Stop Loss: Below $0.3400
Target 1: $0.4250
Target 2: $0.4450
RED remains in strong bullish territory, but traders should watch for retests near $0.37–$0.38 before entering. High volume confirms interest — but smart entries matter now.