$RED is definitely facing some downside pressure, but the 60% buy-side dominance in the order book suggests that buyers are still interested in defending key levels. If the support around $0.48 holds, we might see a bounce, especially if volume picks up.

For it to reclaim $1, we’d need stronger bullish catalysts—maybe a fundamental development, increased trading volume, or broader market recovery. Right now, it’s testing support, so a decisive break below could lead to further downside, while a strong defense could set up a potential reversal.

Are you holding $RED or looking to enter at a lower level? 🔥📉

#RED $