$RED Breakout Brewing, Eyes on $0.31+
$RED has pushed up to $0.2971 with a strong bullish structure on the 1H chart. A series of higher lows and aggressive candles indicate fresh momentum. A clean break above $0.3035 could open the door to more upside.
Trade Setup
Entry Zone: $0.2940 – $0.2970
Target 1: $0.3080
Target 2: $0.3160
Stop Loss: Below $0.2880
Market Insight:
Volume is building and price action favors continuation. If RED holds above $0.2940 and breaks recent highs, it could attract short-term breakout traders. This setup rewards timely entries with low risk and clear targets.