📌 Intraday Strategy: When to Buy & When to Sell RED

🟩 Potential Buy Zones (Today)

• $0.38 – $0.385

• This is the lower edge of the 24-hour range—often a good spot to consider a dip-buy, especially if volume increases or key support holds.

• RSI Signals:

• If intraday RSI dips toward 40 or below while consolidating near this range, it may indicate oversold conditions and a potential bounce.

• BTC/ETH Stability:

• Buying during neutral-to-bullish market conditions helps reduce risk, as RED often follows broader market direction.

🟥 Potential Sell Zones (Today)

• $0.405 – $0.41+

• This is near the upper 24-hour high. A significant touch above ~$0.405 with strong volume could indicate a short-term peak—ideal for profit-taking.

• Indicators:

• Watch for RSI rising above 70 on spike with waning volume, which may signal bullish exhaustion.

• Partial Profit Strategy:

• Consider taking partial profits if RED reaches these levels while price action looks extended intraday.

⚠️ Risk Management & Tips

• Set Tight Stop-Loss: If buying at ~0.38, a stop loss around $0.375 helps limit downside if support breaks.

• Position Sizing: RED is volatile; avoid over-leveraging—only allocate what you’re comfortable seeing swing 5–10%.

• Volume Confirmation: Prioritize moves confirmed by volume (breakouts or bounces).

• Market Sentiment: A sudden BTC dip (>5%) may drag altcoins lower—be ready to exit.

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🧠 Summary

• Buy zone: $0.38–$0.385 if support holds and RSI is neutral/oversold.

• Sell/Take profits: Around $0.405–$0.41 on signs of short-term strength or overbought indicators.

• Monitor RSI and volume for confirmations.

• Use tight stop-losses and keep position sizes conservative.

$RED