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

$RED surged to $1.60 but is now pulling back to $0.84. Is this a prime dip-buy opportunity or the start of a larger correction? Let’s break it down!

🔥 Key Observations:

✅ Explosive breakout to $1.60 before retracing.

✅ Currently testing the $0.80–$0.85 support zone.

✅ Volume declining, signaling a potential cooldown.

💡 Trading Strategy:

🔹 Bullish Case: A reclaim of $1.00 could set up a move toward $1.20–$1.50.

🔹 Dip Buy Zone: Holding $0.80–$0.85 may offer a bounce opportunity.

🔹 Bearish Case: A drop below $0.75 could open the door for further downside to $0.60–$0.65.

⚠️ Risk Warning:

Market conditions remain volatile—use proper risk management, set stop-losses, and avoid emotional trading!

👉 Are you trading $RED? What’s your plan? Let’s discuss! 💬👇