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

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

🔥 Key Insights:

✅ Strong breakout, hitting $1.60 at the peak.

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

✅ Declining volume, indicating a cooldown phase.

💡 Trading Scenarios:

🔹 Bullish Outlook: If $RED reclaims $1.00, another push toward $1.20–$1.50 is possible.

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

🔹 Bearish Risk: A drop below $0.75 may lead to further downside, targeting $0.60–$0.65.

⚠️ Risk Reminder:

The market is highly volatile—trade wisely, set stop-losses, and avoid FOMO!

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