Many believe that #RED is a scam coin, but this is entirely false—just baseless negativity! ❗ Dear Binancians, are you ready for #RED’s big move? ❓ Will it surge toward $2 or dip to $1?

Momentum is building as $RED

gains traction, jumping 15.73% ahead of its spot trading debut! Will it break resistance and continue upward, or are we in for some volatility?

$RED / USDT Price Analysis – Pre-Market Volatility Ahead of Spot Listing

Currently, $RED is trading at $0.8203, reflecting a 15.73% gain as buying pressure intensifies ahead of its transition from pre-market to spot trading. The price rebounded after finding support near $0.6716, but strong resistance still holds.

Key Levels to Watch

Resistance: $0.8750 – A breakout could send RED toward $0.95 and $1.05

Support: $0.7500 – Failure here may lead to a drop toward $0.7000 and $0.6716

Market Insights

MACD: Still negative but showing signs of bottoming out

SAR Indicator: Bearish, with resistance at $1.2721, indicating potential selling pressure

Volume: Strong activity ahead of the spot listing, signaling possible volatility

Trade Setup

Long Entry: Above $0.8750, targeting $0.95 and $1.05

Short Entry: Below $0.7500, aiming for $0.7000 and $0.6716

Stop-Loss: $0.7200 to manage downside risk

With increasing interest in #RED’s spot listing, a breakout could drive further gains. However, listing-day volatility remains a risk—trade wisely! 🚀