$RED 🔥 BULLISH MOMENTUM 🔥
RED Trading Strategy — Fibonacci-Based
🔢 Fibonacci Retracement Setup
Assuming a recent swing low = $0.3610 and swing high = $0.4430 (latest price move in last 7–10 days):
Fibonacci Level Approximate Price
23.6% $0.4240
38.2% $0.4128
50.0% $0.4020
61.8% $0.3912
78.6% $0.3765
🔍 Technical Analysis
Trend: Short-term bullish; price near local highs
Volume: Healthy, with $2.28M daily volume indicating sustained activity
RSI (estimated): ~56 (slightly bullish zone)
Chart Pattern: Possible bullish flag / small retracement after recent leg up
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🟢 Strategy 1: Fibonacci Pullback Entry (Conservative Long)
Entry Zone: $0.3912–$0.4020 (50–61.8% Fib)
Confirmation: Reversal candle or high-volume bounce near $0.40
Targets:
T1: $0.4240 (23.6% Fib)
T2: $0.4430 (swing high)
T3: $0.4700 (Fib extension 1.272)
Stop-Loss: Below $0.3760 (under 78.6% retracement)
Risk Management
RED is likely low market cap — apply tight risk controls.
Use only 2–5% of portfolio in speculative tokens.
Monitor BTC/ETH movement — overall market direction can strongly influence RED.
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📜 Disclaimer
This content is for educational purposes only and not financial advice. Crypto assets are high-risk investments. Always DYOR (Do Your Own Research) and consult a licensed financial advisor before trading or investing.
