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

$RED skyrocketed to $1.60 before 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 a high of $1.60.

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

✅ Declining volume, indicating a potential cooldown.

💡 Trading Outlook:

🔹 Bullish Scenario: A reclaim of $1.00 could trigger another run toward $1.20–$1.50.

🔹 Dip Buy Zone: Holding above $0.80–$0.85 may lead to a bounce.

🔹 Bearish Risk: A drop below $0.75 could open the door to $0.60–$0.65.

⚠️ Risk Management:

Volatility is high—trade wisely, use stop-losses, and avoid FOMO!

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