$RED /USDT – BEARS STEP IN AS MOMENTUM FADES
$RED has struggled to hold above the $0.80–$0.90 resistance zone and is now showing early signs of exhaustion. The rejection near the upper levels signals sellers are gaining control, with potential downside moves ahead if support levels crack.
Trade Setup (Short Trade Signal)
Entry Zone: 0.7100 – 0.7200
Take Profit 1: 0.6800
Take Profit 2: 0.6500
Take Profit 3: 0.6000
Stop Loss: 0.7550
Market Outlook:
Momentum is shifting to bearish territory as failed attempts to break higher confirm weakening demand. If price sustains below $0.70, further sell pressure could drag RED into deeper support zones.