The cryptocurrency #RED (RedStone) is having a fire day on Binance, with a spike of +61.37% in the last 24 hours. The hype is sky-high, but what can we expect in the coming hours? Is it still a good time to enter or is it better to take profit? Let's see the key data and the best strategies to ride this volatility.

📊 Key data of RED/USDT

• Current price: 1.2910 USDT

• 24h change: +61.37% 🚀

• 24h high: 1.4609 USDT

• 24h low: 0.8000 USDT

• Volume traded: 34.79M RED

• Trend: bullish, but with signals of possible retracement


The enormous trading volume demonstrates strong interest in RED, but beware: such rapid growth always carries the risk of profit-taking and sudden corrections.

🔎 Technical Analysis: What Do the Charts Tell Us?

📈 Moving Averages (MA) in Focus

• MA(7) = 1.2990 → The current price is slightly below this average.

• MA(25) = 1.2689 → A first key support.

• MA(99) = 1.2657 → A more solid stability level.


Currently, the price is above MA(25) and MA(99), a sign that the bullish trend is still strong. However, if it falls below 1.26 USDT, we could see a more marked correction phase.

📊 Volume and Volatility

• The price spike was accompanied by a volume boom, a sign of significant market participation.

• Volatility is extreme: the price has fluctuated between 0.80 and 1.46 in the last 24 hours.

Conclusion: volatility can be a double-edged sword. Those seeking quick profits must be prepared to manage sharp movements.

⚡ Trading Strategies: What to Do Now?

✅ If You Have Already Bought at a Low Price (0.80-1.00 USDT)

• Option 1: Take partial profits above 1.30 USDT to protect gains.

• Option 2: Keep part of the position if the price continues to rise above 1.35 USDT, targeting 1.40-1.45 USDT.


🛑 If You Want to Enter Now

• Attention to risk: the price has already made a +60%, so it could correct.

• Wait for a possible retest of supports at 1.26 or 1.20 USDT. If the price bounces strongly, it could be a good entry point.

• If the price breaks through with volumes 1.32-1.35 USDT, it could continue the rally up to 1.40-1.45 USDT.

⚡ If You Want to Do Scalping

• Watch the order book: there are significant resistances above 1.30 USDT.

• Look for retracements at 1.28-1.26 USDT to enter and sell on spikes above 1.30-1.32 USDT.


🔮 Next Hours: What to Expect?

📈 Bullish scenario:

• If the price breaks through with volumes 1.32-1.35 USDT, it can aim for 1.40-1.45 USDT.

📉 Bearish scenario:

• If it drops below 1.26 USDT, it could correct down to 1.20-1.15 USDT.

👉 Final Advice: If you already have profits, consider protecting part of the capital. If you want to enter now, do it with a clear strategy and defined stop-losses. Don't chase the price blindly!


🔥 If you want real-time updates, keep following the market and manage risk carefully!