$RED /USDC โ SHORT TRADE SIGNAL๐ด
REJECTION NEAR $0.2800 RESISTANCE
WEAK CONSOLIDATION AFTER SHARP BOUNCE
POTENTIAL LOWER HIGH BELOW $0.2829
$RED rallied from the $0.2316 low but faced clear rejection near $0.2806. Price is now stalling below $0.2738 with lower volume and narrowing candles, signaling buyer exhaustion. A breakdown below $0.2710 could reignite bearish momentum.
๐ด Short Trade Setup:
โข Entry Zone: $0.2730 โ $0.2755
โข Take Profit (TP): $0.2557
โข Stop Loss (SL): $0.2815
Market Outlook:
If sellers maintain pressure under $0.2800, $RED could revisit mid-support near $0.2550. Momentum remains weak unless bulls reclaim $0.2829 with strength.
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