🚨 GOLDEN OPPORTUNITY? $RED Nearing $1 – Time to Buy More? 🚨

$RED has plunged from $1.50 to near the $1 mark, now trading at $1.0337 (+29.21%) after hitting a 24h high of $1.4609 but showing signs of weakness. The question now: Will it bounce back or slip further?

🔑 Key Levels to Watch

📈 Resistance: $1.10 – A breakout could push RED toward $1.20 and $1.30

📉 Support: $1.00 – A breakdown may send RED down to $0.92 and $0.85

📊 Market Insights

🔻 Parabolic SAR: Bearish trend forming, signaling downside pressure

📉 MACD: Turning negative, indicating a loss of momentum

📉 Volume: Decreasing, showing reduced buying interest

💡 Trade Setup

📌 Long Entry: Above $1.10, aiming for $1.20 and $1.30

📌 Short Entry: Below $1.00, targeting $0.92 and $0.85

📌 Stop Loss: $1.08 to manage risk

$RED has seen a strong rally, but the current pullback suggests profit-taking. A decisive move above or below key levels will determine its next big move—watch closely!

Will $RED recover or drop further? Share your thoughts! ⬇️