$RED Pre-Market Volatility – What’s Next? 🚀
After a massive pump to $1.60, $RED has pulled back to $0.84. Is this a buy-the-dip opportunity or the start of a larger correction? Let’s break it down.
🔥 Key Levels to Watch:
✅ Strong breakout to $1.60 before retracing.
✅ Now testing support at $0.80–$0.85.
✅ Declining volume, indicating a cooldown.
💡 Trading Scenarios:
🔹 Bullish Case: If $RED reclaims $1.00, it could push toward $1.20–$1.50.
🔹 Dip Buy Zone: Holding $0.80–$0.85 may trigger a rebound.
🔹 Bearish Case: A drop below $0.75 could lead to further downside toward $0.60–$0.65.
⚠️ Risk Management:
Markets are volatile—trade wisely, use stop-losses, and avoid chasing pumps.
👉 Are you trading $RED? Share your thoughts below! 💬👇
