Analysis and Recommendation

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$RED /USDT - Buy Trade Signal

Current Price: 0.3845

Time Frame: 30 Minutes

Support Level: 0.3563

Resistance Level: 0.3873

Entry Zone: 0.381 - 0.385

Trading Targets:

• First Profit Target: 0.388

• Second Profit Target: 0.392

• Third Profit Target: 0.398 (Final Target)

Stop Loss: Below 0.356

Analysis:

The pair is gaining strength after bouncing from its 24-hour low at 0.3563, and is now approaching the resistance level at 0.3873. Holding above the level of 0.381 keeps the bullish trend intact, with small price gaps to achieve a steady upward trend. A clear breakout above the level of 0.388 could confirm the continuation of the trend towards 0.398. Watch the trading volume near the resistance level for confirmation before entering.

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