$RED /USDT – BEARISH PRESSURE, SHORT TRADE SETUP
$RED /USDT dropped -9.17%, now trading at 0.6366 after failing to hold the 0.7038 high. Price is testing support at 0.6297, and continued weakness below this level could extend losses toward 0.6200 and 0.6020.
Trade Setup (SHORT):
Entry: 0.6360 – 0.6400
Targets: 0.6200 / 0.6020
Stop Loss: 0.6530
Trend remains bearish as long as price stays below 0.6500, with sellers likely in control for now.