$RED
/USDT BULLISH MOMENTUM BUILDING WITH POTENTIAL BREAKOUT AHEAD
$RED /USDT is showing a clear bullish structure as it continues to form higher lows, indicating strong buyer interest near the support region. The price action suggests accumulation within a tightening range, preparing for a breakout above the resistance zone. Momentum indicators align positively, confirming bullish sentiment for the upcoming sessions.
Technical Overview:
Price maintaining strength above 0.3400 support zone.
Consolidation near resistance signals potential for upward continuation.
Volume gradually increasing, supporting a breakout scenario.
Targets (TP):
TP1: 0.3550
TP2: 0.3650
TP3: 0.3800
Stop Loss (SL):
Below 0.3400 to manage risk effectively.
Risk Management:
Risk only 2–3% of total capital per trade. Secure partial profits at TP1 and move stop loss to breakeven to minimize downside exposure while maximizing gains.