$RED Pre-Market Rollercoaster – What’s Coming Next? 🚀

$RED surged to an impressive $1.60 but has since pulled back to $0.84. Is this a chance to buy the dip or the beginning of a deeper correction? Let’s break it down!

🔥 Key Insights:

✅ Initial breakout peaked at $1.60.

✅ Sharp retracement—now testing $0.80–$0.85 as potential support.

✅ Declining volume indicates a cooling-off period.

💡 Trading Approach:

🔹 Bullish Scenario: A reclaim of $1.00 could fuel a rally toward $1.20–$1.50.

🔹 Dip Opportunity: Holding $0.80–$0.85 might set the stage for a bounce.

🔹 Bearish Risk: A break below $0.75 could lead to further declines toward $0.60–$0.65.

⚠️ Caution:

The market is highly unpredictable—trade wisely, use stop-losses, and avoid FOMO-driven decisions!

👉 Are you trading $RED? What’s your strategy? Share your thoughts below! 💬👇