Coin: $RED

Current Price: 0.3727

Direction: Short Bias

Trade Setup

• Entry Zone: 0.3740 – 0.3780

• Stop Loss: Hold in spot & hold till near support

• Targets:

🎯 TP1: 0.3600

🎯 TP2: 0.3520

🎯 TP3: 0.3450

Support & Resistance:

• Resistance: 0.3880

• Support: 0.3700

Chart Insight (1H):

Failed breakout above $0.4455 followed by sharp lower highs and volume-backed red candles. Price is pressing on $0.3700 support clean breakdown can open downside floodgates. Watch for momentum continuation before entry.