🚀 $RED /USDT – Bearish Pullback Near Key Support! 🔴
🔹 Momentum Analysis
RED is experiencing a -7.97% drop, testing support near $0.7000. With 24h volume at 43.78M RED, a potential reversal could emerge if buyers defend this zone.
📈 Long Setup
🔹 Entry Zone: $0.6888 – $0.7000
🎯 T1: $0.7268
🎯 T2: $0.7350
🎯 T3: $0.7632
❌ Stop Loss: $0.6880
🔥 Breakout Confirmation & Support
✅ Bullish Confirmation: Break above $0.7350
🛑 Key Support: $0.6888 – Losing this may lead to further downside.
💡 Pro Tip for Traders
Watch for a higher low formation before entering long. If price stabilizes above $0.7000, expect a possible bounce back toward resistance levels.