Pre-Market Volatility – What’s Next? 🚀

$RED surged to a high of $1.60, but now we’re seeing a pullback to around $0.84. Is this a dip-buy opportunity, or are we just seeing the start of a larger correction? Let’s break it down!

🔥 Key Observations: ✅ Strong breakout with a peak at $1.60.

✅ Sharp pullback, now testing the $0.80–$0.85 support range.

✅ Volume decreasing, indicating a potential cooldown phase.

💡 Trading Strategy:

🔹 Bullish Scenario: If $RED reclaims $1.00, we could see a potential move toward $1.20–$1.50.

🔹 Dip Buy Zone: A hold above $0.80–$0.85 might present a good buying opportunity for a bounce.

🔹 Bearish Scenario: If $RED breaks below $0.75, further downside could push it toward $0.60–$0.65.

⚠️ Risk Warning:

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

👉 Are you trading $RED? What’s your plan? 💬