🚨 $RED /USDT Riding a Strong Uptrend Channel! 🔥💯

REDUSDT

Perp

Current Price: $0.4012 (+19.86%)

📊 Chart Structure:

✅ Clear uptrend channel

✅ Price respecting both support & resistance

✅ Bullish momentum intact, no major pullbacks

📈 LONG TRADE SETUP

🔹 ENTRY ZONE:

Enter between $0.3980 – $0.4030 for optimal risk-reward

🔹 STOP LOSS:

Below $0.3925 to protect against breakdown

🔹 TARGETS:

• TP1: $0.4100 (upper channel resistance)

• TP2: $0.4200 (breakout target)

• TP3: $0.4320 (extension on confirmed breakout)

💡 TRADE INSIGHT:

$RED is consolidating strongly inside a clean ascending channel.

As long as it holds the lower trendline, bulls remain in control.

A breakout above $0.4040 could trigger a larger rally! 🚀

#RED #TradeSetup #CryptoAnalysis #BullishMomentum @BounceBit