$RED USDT BEARISH REVERSAL IN PLAY โ€” RALLY FADES AS SELLERS RETURN! ๐Ÿ”ป

After a sharp spike to 0.4232, $RED failed to hold gains and is now trending downward. Price has broken below the short-term moving averages, forming a lower high structure. If support at 0.3780 breaks, more downside could follow fast.

๐Ÿ“‰ Trade Setup (Short):

Entry Zone: 0.3805 โ€“ 0.3840

Take Profit 1: 0.3685

Take Profit 2: 0.3590

Stop Loss: 0.3925

๐Ÿ“Š Market Outlook:

Momentum has clearly shifted after the breakout got rejected. Lower highs and increasing red volume bars show that bears are gaining control. A clean breakdown below 0.3780 could accelerate the retracement toward prior support levels.

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buy and trade here on $RED