$RED analysis chart
Based on the chart for #REDUSDT
📉 Trend: Downward.👇
The price is below the Moving Averages (MA 7 & MA 99).
➡️ Entry Price: Around 0.4124 (current price).
🎯 Targets:
🌟Target 1: 0.4106
🌟Target 2: 0.4080
(estimation based on the chart's recent low)
🌟 Target 3: 0.4050
(further estimation)
🛑 Stop Loss: A stop-loss could be placed slightly above the recent high or the 7-period MA, for example, at 0.4150.👈