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

$RED experienced a strong rally up to $1.60, but now it’s pulling back to $0.84. Is this a chance to buy the dip, or are we looking at the start of a larger correction? Let’s break it down!

🔥 Key Observations: ✅ Big breakout early on, peaking at $1.60.

✅ Sharp pullback—currently testing the $0.80–$0.85 support range.

✅ Volume is decreasing, indicating a potential cooldown.

💡 Trading Strategy: 🔹 Bullish Scenario: If $RED reclaims $1.00, we could see another run towards $1.20–$1.50.

🔹 Dip Buy Zone: If it holds the $0.80–$0.85 level, it could present a solid bounce opportunity.

🔹 Bearish Scenario: If $RED falls below $0.75, we may see a further drop to $0.60–$0.65.

⚠️ Risk Warning:

Markets are volatile—always trade carefully, set stop-losses, and avoid chasing price moves!

👉 Are you watching $RED? What’s your strategy? 💬👇