๐ฅ $REDโs Dip โ Golden Opportunity or Final Warning? ๐ฅ
๐จ Before $1 Entry? RED is pulling back after its recent surge, now trading at $0.7982โis this the perfect dip-buying opportunity before the next leg up?
๐ Key Market Insights
๐ Current Price: $0.7982 (+39.35%)
๐ 24H High: $0.8779
๐ Support & Resistance Levels:
๐น Resistance: $0.8494 โ A breakout could send $RED towards $0.88 and $0.90.
๐น Support: $0.7759 โ A drop below this level could see $RED test $0.74 and $0.71.
๐ Trade Setup
โ
Long Entry: Above $0.81, aiming for $0.85 and $0.88.
โ Short Entry: Below $0.77, targeting $0.74 and $0.71.
๐ Stop Loss: Below $0.71 to protect against downside risks.
๐ Market Sentiment
๐ธ Buying pressure: 53.02% โ indicating mild bullish sentiment.
๐ธ Volume remains strong, but profit-taking could increase volatility.
๐ธ Watch price action near key levels for confirmation before entering.
๐ฌ $RED D is at a decision pointโwill the bulls defend support, or will sellers take control? Let us know your thoughts! ๐๐ #Crypto #Trading #REDUSDT
