Analysis for trade $RED /USDT with entry points:
(Current price: $0.4609, +1.54% for 24h, volume $4.10M USDT)
1. Key levels and market context
- 24h range: $0.4373 (minimum) — $0.4790 (maximum).
- Support:
- $0.458–$0.460 (51K–44K RED) — nearest liquidity zone.
- $0.455–$0.457 (92K–8K RED) — strong order cluster.
- $0.450–$0.452 (58K–59K RED) — deep support.
- Resistance:
- $0.461–$0.463 (4470–51K RED) — current barrier.
- $0.465–$0.467 (92K–3K RED) — medium-term resistance.
- $0.4790 — daily maximum (key level).
Conclusion: Price tests resistance at $0.461 after rise but faces selling.
2. Balance of power (Order Book)
- Buyers (41.33%):
- Active at $0.458–$0.460 (51K–44K RED).
- Sellers (58.67%):
- Pressure at $0.461–$0.463 (4470–51K RED).
Momentum: Sellers dominate at resistance, but buyers defend levels $0.458–$0.460.
3. Indicators and trend
- RSI:
- RSI(6): 46.78 (neutral).
- RSI(12): 49.38 (balance).
- RSI(24): 52.06 (weak bullish bias).
- MACD:
- DIF (**0.0013**) < DEA (**0.0021**), histogram negative — weak bearish momentum.
- EMA:
- Price above EMA(7) ($0.4622) and EMA(25) ($0.4613), but below EMA(99) ($0.4426) — short-term bullish trend.
- Volumes: Moderate ($4.10M USDT for 24h).
Risks:
- Break below $0.458 may lead to a correction to $0.455.
- False breakout at $0.461 on low volume.
4. Scenarios for trade
🟢 Long (BUY)
- Conditions:
- Bounce from $0.458–$0.460 with increasing volume.
- Closing candle above $0.463.
- Take-profits:
- TP1: $0.465 (50%).
- TP2: $0.470 (30%).
- TP3: $0.479 (20%).
- Stop-loss: $0.455.
🔴 Short (SELL)
- Conditions:
- Bounce from $0.461–$0.463 + decrease in volume.
- Take-profits:
- TP1: $0.458 (50%).
- TP2: $0.455 (30%).
- TP3: $0.450 (20%).
- Stop-loss: $0.465.
5. Risk management
- Risk per trade: ≤2% of deposit.
- R/R:
- Long: 1:3.
- Short: 1:4.
6. Summary
- Priority: Waiting for reaction at $0.460 (support) or $0.463 (resistance).
- Critical factors:
- Volumes at test of $0.460.
- BTC dynamics (correlation with altcoins).
📌 Recommendations
1. Conservatives: Wait for a close above $0.463 or below $0.458.
2. Aggressors:
- Long at $0.459 with stop at $0.455.
- Short on bounce from $0.461 with volume confirmation.
3. Avoid: Trading in the range $0.460–$0.461 without momentum.
#RED #USDT #Трейдинг #Altcoins
Monitoring:
- Orders at $0.458 (buy) and $0.463 (sell).
- 4H chart for trend confirmation.