BlockchainBaller
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Will #RED cross $5 in mid of 2025❓Will #RED hits $1 today and beyond ❓$RED ON DISCOUNT – SMART MONEY LOADING UP❗$RED is dipping hard, but this is where opportunities are made❗ Sitting at $0.7383 after a pullback, the next wave up could be explosive. Stack up now before the market wakes up don’t regret missing the pump❗$RED Facing Heavy Selling Pressure – Is a Rebound Possible❓
#RED is trading at $0.7383, down 11.05%, following a steep decline from its 24-hour high of $0.9118. The price has found temporary support near $0.7244, but the downtrend remains strong.
Key Levels to Watch
Resistance: $0.7648 – A breakout could push RED toward $0.7800 and $0.8000.
Support: $0.7244 – Losing this level could trigger a further drop to $0.7100 and $0.6900.
Trade Setup
Long Entry: A rebound above $0.7648 may target $0.7800 and $0.8000.
Short Entry: A breakdown below $0.7244 could extend losses to $0.7100 and $0.6900.
Stop Loss: Placed below key support to limit downside risk.
Market Insights
RED is in a strong downtrend, struggling to regain momentum.
Volume remains high, indicating active trading but no clear reversal signal.
Bears are in control, but a relief bounce is possible if support holds.
Can RED find stability and bounce back, or will the sell-off continue? Stay cautious and watch for confirmation before entering a trade.
#RED is trading at $0.7383, down 11.05%, following a steep decline from its 24-hour high of $0.9118. The price has found temporary support near $0.7244, but the downtrend remains strong.
Key Levels to Watch
Resistance: $0.7648 – A breakout could push RED toward $0.7800 and $0.8000.
Support: $0.7244 – Losing this level could trigger a further drop to $0.7100 and $0.6900.
Trade Setup
Long Entry: A rebound above $0.7648 may target $0.7800 and $0.8000.
Short Entry: A breakdown below $0.7244 could extend losses to $0.7100 and $0.6900.
Stop Loss: Placed below key support to limit downside risk.
Market Insights
RED is in a strong downtrend, struggling to regain momentum.
Volume remains high, indicating active trading but no clear reversal signal.
Bears are in control, but a relief bounce is possible if support holds.
Can RED find stability and bounce back, or will the sell-off continue? Stay cautious and watch for confirmation before entering a trade.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.