$RED is bouncing back HARD! Could this be the reversal traders have been waiting for? Eyes on $0.30..... #RED Back from the Abyss.... Can $RED Maintain the Momentum? price from $0.2545 ➡️ $0.2796
After a harsh sell-off, $RED has shown strong signs of a bullish reversal. Price action has printed three solid green candles off the $0.2545 bottom, reclaiming the $0.2750 zone and heading toward recent resistance.
📈 Long Trade Setup:
Entry Zone: $0.2775 – $0.2800
Take Profit 1: $0.2920
Take Profit 2: $0.3050
Take Profit 3: $0.3220
Stop Loss: $0.2675