📊 $RED /USDT — Significant Growth! Brief Analysis with Targets
Price: $0.4151 (+12.43% over 24h), near local maximum $0.4196.
Technical Picture:
• Price above EMA 7/25/99 → confirmation of bullish trend.
• MACD positive → momentum remains.
• RSI (82) and Stochastic (97) → overbought zone, correction possible.
Levels:
• Support: $0.3926 – $0.3674
• Resistance: $0.4196 and above
🎯 Short-term Targets (if $0.4196 is broken):
TP1: $0.432 (+4%)
TP2: $0.450 (+8%)
TP3: $0.475 (+14%)
⚠️ Risks: high overbought → possible pullback to $0.39–0.37 before continuing growth.