🟢 $RED /USDT – Bounce Back in Motion 🟢
Current Price: $0.4084 (+11.10%)
After a sharp move up to $0.4323, $RED has pulled back and is now forming a higher low, indicating potential for a bullish continuation. The price is stabilizing above key support with strong recovery signs and steady volume.
📈 Long Trade Setup
Entry Zone: $0.4040 – $0.4100
Stop Loss: $0.3960
Targets:
🎯 TP1: $0.4250
🎯 TP2: $0.4380
🎯 TP3: $0.4550
🔍 Market Insight
The consolidation following the recent rally looks healthy, and current price structure suggests renewed buying pressure. Holding above $0.4000 support is key. If momentum picks up again, this setup could lead to a swift move toward upper resistance zones.
✅ Pro Tip: Ideal for bounce traders seeking high risk-reward setups. Watch for volume expansion to confirm breakout strength.