The $RED /USDT pair on Binance is currently trading at 0.3698 USDT, marking a 1.73% increase in the past 24 hours. On the 1-hour timeframe, the token has seen a daily high of 0.3829 USDT and a low of 0.3550 USDT, indicating moderate volatility within a relatively narrow range. The trading volume remains modest, with 4.81 million RED tokens exchanged, translating to approximately 1.77 million USDT, suggesting active participation but not exceptionally high liquidity compared to larger-cap assets.
From a technical perspective, RED’s price is holding slightly above its MA(7) at 0.3650 and MA(25) at 0.3666, showing short-term bullish momentum. However, the MA(99) at 0.3762 is currently above the market price, acting as a potential resistance level that may slow further upward movement unless buying pressure strengthens. If RED manages to break and sustain above the 0.3762–0.3829 zone, it could signal the start of a stronger bullish trend. On the downside, maintaining support near 0.3660–0.3650 will be crucial to prevent a retracement toward the 0.3550 level.