$RED , latest update after 2 hours of PreMarket trade with no price restriction.
There were many posts in the last few days to place orders and hold them to get filled after trading starts. As we can see those orders are still open and as I mentioned earlier it will easily go above $1 the price is now resisting around $1.2
The trade will continue and totally depend on Binance users through the PreMarket.
It is still good to invest at this price as it will continue to stay above $1 considering the Redstone community holding onto a decent volume. And remember only 4% = 40M is unlocked hence chances of the price reaching $2 is very likely.
I feel currently there is lot of panic selling pressure as Binance didn’t release guidelines on the orders filling during the PreMarket cap, creating confusion among small buyers. Common perception at launch is steep Price rise and steep fall which short term investors would like to take advantage of , but this Pre Market trial by Binance is actually a very good strategy and opportunity for serious investors.
‼️This is not an investment advice, please DYOR before investing.
