$RED Pre-Market Volatility – What’s Next? 🚀
$RED surged to $1.60 but has pulled back to $0.84. Is this a buy-the-dip moment or a deeper correction? Let’s break it down!
🔥 Key Observations:
✅ Early breakout hit $1.60 before retracing.
✅ Now testing $0.80–$0.85 as support.
✅ Declining volume signals a cooldown phase.
💡 Trading Outlook:
🔹 Bullish: A move above $1.00 could push it to $1.20–$1.50.
🔹 Dip Buy Zone: Holding $0.80–$0.85 may trigger a rebound.
🔹 Bearish: Below $0.75, we could see further downside to $0.60–$0.65.
⚠️ Trade Wisely: The market is volatile—use stop-losses and avoid FOMO!
👉 What’s your strategy for $RED? Drop your thoughts below! 💬👇