$RED Pre-Market Volatility – What’s Next? 🚀
surged to $1.60, but we’re now seeing a pullback to $0.84. Is this a prime dip-buy opportunity or the start of a deeper correction? Let’s break it down!
🔥 Key Takeaways:
✅ Strong breakout with a peak at $1.60.
✅ Sharp retrace—currently testing $0.80–$0.85 as support.
✅ Declining volume, signaling a potential cooldown phase.
💡 Trading Strategy:
🔹 Bullish Scenario: If $RED reclaims $1.00, we could see another run toward $1.20–$1.50.
🔹 Dip Buy Zone: Holding $0.80–$0.85 could set up a bounce.
🔹 Bearish Scenario: A drop below $0.75 may open the door for further downside toward $0.60–$0.65.
⚠️ Risk Reminder:
Markets move fast—manage risk wisely, set stop-losses, and avoid emotional trading!
👉 Are you trading $RED? What’s your strategy? Drop your thoughts below! 💬👇