$RED /USDT – Trade Setup for Spot and Futures (1h Timeframe)
Current Price: $0.4117
Support Level: $0.3940
Resistance Level: $0.4455
Entry Zone: $0.4020 – $0.4120
Target Levels:
TP1: $0.4280
TP2: $0.4380
TP3: $0.4550
Stop Loss: Below $0.3900
RED has shown a strong upward trend from the $0.34 area and is now moving back toward its recent high near $0.4455. Price is holding steady above the key support zone, and momentum remains strong. A break above $0.4280 with good volume can lead to a move toward the next resistance. Traders should stay alert and wait for a clean breakout or test of the support area for entry. This setup is suitable for both spot and futures trading.