$RED /USDT – Bounce or Breakdown Ahead🔍

$RED is trading around $0.3698, currently down 1.70%, and hovering near a critical support level. Buyers may step in around $0.3680–$0.3500, but if this zone breaks, the next major supports lie at $0.3335 and $0.3200. On the upside, resistance builds up from $0.4000 to $0.4700.

Key Levels to Watch:

Immediate Resistance: $0.3838 → $0.4079 → $0.4200

Breakout Target Zone: $0.4500 – $0.4700

Support Zone: $0.3680 → $0.3500 → $0.3335 → $0.3200

📊 Watch for strong bullish candles or volume at support before considering longs. A breakdown may open room for lower entries.

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