$RED /USDT short trade signal ๐Ÿšฆ ๐Ÿ›‘

BEARS PREPARING TO STRIKE, EXPECT A DEEPER PULLBACK ๐Ÿ”ป

After the explosive vertical spike, $RED is now losing steam with price consolidating tightly near $0.66. Failure to reclaim higher levels signals weakness, and if bears press further, the next downward wave could unfold quickly.

Trade Setup (Short):

Entry Zone: $0.660 โ€“ $0.670

Target 1: $0.610

Target 2: $0.560

Target 3: $0.476

Stop Loss: $0.710

Market Outlook:

Momentum has shifted in favor of sellers. The rejection from the highs and inability to push above $0.70 show that bullish exhaustion is setting in. Unless $RED breaks back above resistance, short positions remain the safer play in this cooling phase.

#CryptoTrading #TechnicalAnalysis #BearishTrend #Altcoins #USDT

buy and trade here on $red