Why #redstone💰🔥 ($RED ) Trading Feels Stuck – What You Need to Know❗If you’ve been watching $RED on Binance and wondering why price action is limited, here’s the reason behind it. Many traders are eager to jump in, but there’s a restriction in place.
Binance’s Temporary Trading Limits in Action
To manage early volatility, Binance has enforced a temporary circuit breaker during the pre-market phase. This prevents sudden price surges and maintains stability for the first 72 hours.
What This Means for Traders:
Trading is capped within a set range for the first 72 hours
Prevents excessive price manipulation and extreme spikes
After this phase, restrictions will be lifted, allowing full market activity
What’s Coming Next?
Once the cap is removed, $RED could either surge with newfound buying pressure or face a correction before the next major move. The question is will it explode higher or dip first?