$RED /USDT
📊 Market Insight
$RED is trading at $0.4070, up +10.84%, making it one of the top gainers in the infrastructure category. Strong bullish momentum is observed with price reclaiming previous resistance zones and volume surging (13.32M RED vs 5.47M USDT). The breakout above the MA(5) and MA(10) suggests short-term trend reversal in favor of bulls.
🔑 Entry Zone
Buy Range: $0.398 – $0.407
(Pullbacks into this zone can provide favorable R/R entries.)
🎯 Targets
Target 1: $0.432
Target 2: $0.455
Target 3: $0.475
🛑 Stop Loss
Stop: $0.378
(Below recent support and MA cluster, where invalidation of bullish momentum is likely.)
📌 Key Levels
Support: $0.398 / $0.378 / $0.365
Resistance: $0.432 / $0.455
Pivot: $0.407
💡 Pro Tip
Watch for a high-volume close above $0.432. If sustained, this confirms continuation toward the mid-$0.45 zone. Avoid chasing green candles—let price pull back into support levels before entering.
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