🚨 RED Token Short Signal Based on My Analysis 🚨
A few days ago, we made a solid profit on RED (Redstone) by trading on the spot. Now, after analyzing the current chart, despite a major drop in RED, I’m still seeing bearish sentiment developing. Here’s why I’m considering short opportunities:
⚠️ Important: This signal is specifically for future traders and not for spot traders.
🔻 Key Levels to Watch:
✅ Support Level: $0.572
✅ Short Target: $0.50 (Psychological support)
✅ Stop Loss: $0.61 (Above the key resistance)
📉 Short Opportunity:
Take a short position only if the price drops below $0.57. This could be a potential short entry, targeting $0.50 with a stop loss set at $0.61.
🚨 Risk Management:
Only use 1% of your futures capital and leverage max 20x. 👇👇
$RED
✅ Be cautious and trade wisely!
#RedTokenTechnicalAnalysis #ShortSignal #RED #REDShortTrade