RedStone (RED) Analysis – Buy Now or Wait? 🚀
I’ve taken a deep dive into RedStone (RED), and here’s what you need to know before making a move:
⚠️ Why You Should Be Cautious
🔸 Supply Surge Incoming – 240 million coins will enter circulation after the pre-market phase, leading to potential selling pressure.
🔸 Price Movement – Trading around $0.60 in the first two days, similar to other new token listings.
🔸 Volatility Alert – RED pumped 100% from $0.20 to $0.40, but the key question is whether it can hold or will retrace.
📈 What’s Next?
If momentum continues, RED could break out toward $0.50–$0.60 soon. But be cautious—whale sell-offs could cause price dips once the pre-market phase ends.
💡 My Strategy?
✅ Limit Your Risk – Don’t invest more than 30% of your planned capital in RED until the price stabilizes.
✅ Watch for Corrections – Post-listing dips are common—use them as buying opportunities.
✅ Stay Flexible – Trade based on price action and volume trends.
🤔 What’s your game plan? Will you HODL or take profits? Drop your thoughts below! 👇
