$RED /USDC โ€“ SHORT TRADE SIGNAL๐Ÿ”ด

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.

๐Ÿ”ด Short Trade Setup:

โ€ข Entry Zone: $0.2730 โ€“ $0.2755

โ€ข Take Profit (TP): $0.2557

โ€ข 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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