$RED is on the move, currently priced at $0.2951, posting a +3.87% gain after bouncing from the $0.2810 support zone. The price action is now trending above short-term moving averages, signaling fresh bullish intent.
🔹 Trade Setup:
Ideal Entry: $0.2910 – $0.2960
Profit Targets: $0.3070 and $0.3190
Stop-Loss: $0.2790
🧠 Market Insight: Buyers are clearly stepping in, defending critical levels and creating a foundation for a potential breakout rally.
Stay sharp — this one’s showing early signs of continuation.
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