📉 $RED /USDT – BEARISH REVERSAL AFTER SPIKE, WATCH FOR DEEPER PULLBACK 📉
$RED/USDT surged to $0.4455 but faced a sharp rejection, pulling back to $0.3942. The rapid sell-off after the peak suggests strong profit-taking, with current price action leaning bearish unless bulls reclaim the $0.4050 zone.
📊 Trade Setup (Short Bias):
Entry Zone: $0.3950 – $0.4000
Target 1: $0.3780
Target 2:
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buy and trade here on $RED