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

$RED surged to $1.60, but it's now pulling back to around $0.84. Is this a dip-buy opportunity or the beginning of a deeper correction? Let's break it down!

Key Observations:

✅ Strong breakout to $1.60. ✅ Sharp pullback, now testing support in the $0.80–$0.85 range. ✅ Volume is decreasing, indicating a potential cooldown.

Trading Strategy:

🔹 Bullish Case: If $RED regains $1.00, we could see a rally back to $1.20–$1.50. 🔹 Dip Buy Zone: If $0.80–$0.85 holds as support, this could be a prime bounce area. 🔹 Bearish Case: If $RED falls below $0.75, further downside to $0.60–$0.65 is possible.

Risk Warning:

The market is highly volatile—trade carefully, set stop-losses, and avoid chasing the hype!

Are you trading $RED? What's your plan moving forward? 💬👇