🚨 $RED Dips 11% – Rebound or More Downside?
$RED/USDT is currently trading at $0.6837, down 11.06% in the last 24 hours. After hitting a high of $0.7780, it dropped to a low of $0.5697, showing high volatility.
🔍 Key Levels to Watch:
📉 Support: $0.65 - $0.57 (If this holds, we may see a recovery)
📈 Resistance: $0.70 - $0.75 (Breaking above this could trigger another rally)
📊 Market Outlook:
The price is attempting a bounce after a sharp drop.
If buyers step in, we could see a push back toward $0.75+.
A break below $0.65 could open doors for further downside.
📢 Is this a dip-buying opportunity or a bearish continuation? Keep an eye on volume and momentum! 🔥
$RED