š $RED /USDT - Bullish Momentum Incoming! š
$RED has broken out of its descending structure, confirming a potential trend reversal and bullish continuation.
š Market Insights:
FVG zones acting as strong support, indicating smart money accumulation.
Break of structure (BOS) confirmed, signaling bullish momentum.
Sell-side liquidity grab ($$$) completed, further confirming upside potential.
š Trade Setup (Long Position)
Entry: $0.715 - $0.725 (on a retest of FVG zone)
Target 1: $0.755
Target 2: $0.800+
Stop Loss: $0.700
š Bearish Scenario:
If RED breaks below $0.700, expect a possible retracement towards $0.650, where another potential buy opportunity might arise.
š” Pro Tip:
A retest of the $0.715 FVG zone could present the best entry for a high-risk-reward trade.
š„ Will RED reclaim $0.800 soon? Drop your predictions below!
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