$RED /USDT – Cooling Down After the Surge! 🔻📉
Current Price: $0.3957
24H High/Low: $0.4332 / $0.3510
15m Chart: Sharp rally met with strong rejection and back-to-back red candles—profit-taking has begun.
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📉 Market Structure:
$RED showed strong bullish momentum but faced resistance at $0.433, triggering a wave of sell-offs. The current pullback zone is critical—watch closely for a reaction near $0.390.
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📌 Trade Setup (Pullback Scalping Play):
Entry Zone: $0.3870 – $0.3950
🎯 TP1: $0.4050
🎯 TP2: $0.4150
🎯 TP3: $0.4290
❌ Stop Loss: $0.3800
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🔥 Why This Trade Matters:
After a 20% pump, many traders will look to re-enter on dips. The structure still favors a bullish continuation if support holds.
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💡 Pro Tip:
Don’t jump in blindly. Look for bullish reversal candles (like a hammer or engulfing) on 5m/15m before entering. Let the market confirm!
📈 Keep your eyes on $RED—momentum may return fast!
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