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

$RED surged to $1.60, but it's now 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 correction, now testing the $0.80–$0.85 support zone.

✅ Declining volume, signaling a potential cooldown.

💡 Trading Outlook:

🔹 Bullish Scenario: If $RED reclaims $1.00, we could see another rally toward $1.20–$1.50.

🔹 Dip Buy Zone: Holding $0.80–$0.85 could signal a potential rebound.

🔹 Bearish Scenario: A drop below $0.75 may lead to further downside toward $0.60–$0.65.

⚠️ Risk Reminder:

The market is highly volatile—trade wisely, set stop-losses, and avoid FOMO!

👉 Are you trading $RED? What’s your strategy? Share your thoughts below! 💬👇