Today, May 20, 2025

Redstone is currently moving near the level of $0.412

This level is considered very important because it is close to a strong support area at $0.410, and if it is broken, we may witness a temporary drop to lower levels.

What are we monitoring?

If the price stabilizes above the level of $0.420 and successfully retests it, our next target will be at $0.455.

However, if it fails to hold above $0.420, it is likely to return to test support around $0.397 – $0.400.

Today's advice:

Be cautious before entering the trade, and wait for confirmation of the trend from the market – do not rush.

If a clear breakout occurs with an increase in trading volume, it may be a suitable opportunity for a short-term trade.