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

$RED surged to $1.60 but is now pulling back to $0.84. Is this a dip-buy opportunity or the start of a deeper correction? Let’s break it down!

🔥 Key Observations:

✅ Strong breakout, hitting a high of $1.60.

✅ Sharp pullback—now testing the $0.80–$0.85 support zone.

✅ Declining volume, signaling a potential cooldown.

💡 Trading Strategy:

🔹 Bullish Case: If $RED reclaims $1.00, we could see a push toward $1.20–$1.50.

🔹 Dip Buy Zone: Holding $0.80–$0.85 could set up a bounce.

🔹 Bearish Case: A drop below $0.75 may lead to further downside toward $0.60–$0.65.

⚠️ Risk Reminder:

Markets are highly volatile—manage risk, set stop-losses, and avoid emotional trading!

👉 Are you trading $RED? Drop your thoughts below! 💬👇