#RED
$RED Pre-Market Volatility – What Comes Next?
Red exploded to $1.60, but we’re now seeing a pullback to around $0.84. Is this a prime dip-buy spot or just the beginning of a deeper correction? Let’s break it down!
Key Highlights:
✅ Huge early breakout with a peak at $1.60.
✅ Sharp retrace, now hovering in the $0.80–$0.85 zone.
✅ Volume cooling off — potential consolidation phase.
Trading Outlook:
Bullish Scenario: If $RED reclaims $1.00, momentum could push it back toward $1.20–$1.50.
Dip Buy Zone: Holding $0.80–$0.85 could spark a bounce.
Bearish Scenario: If $RED loses $0.75, watch for further downside to $0.60–$0.65.
⚠️ Trade Smart:
Volatility is high — use stop-losses, avoid chasing, and stick to your plan!