🔥 $RED – Bounce Back in Motion!
$RED is currently trading at $0.4084 (+11.10%). After a sharp push to $0.4323, it pulled back and is now forming a higher low — a classic sign of potential bullish continuation.
🔍 Key Levels:
• Resistance: $0.4320
• Support: $0.4000
📈 Trade Setup:
• Entry Zone: $0.4040 – $0.4100
• Stop Loss: < $0.3960
🎯 Targets:
• TP1: $0.4250
• TP2: $0.4380
• TP3: $0.4550
🧠 Market Insight:
$RED is stabilizing after a high-volume run-up, now building pressure above key support. With volume holding steady and a bullish structure forming, this setup offers a high-potential bounce play for short-term traders seeking strong risk/reward.
⚠️ Watch for momentum to confirm above $0.4100 before scaling in.
📢 For more real-time setups, follow @bullishbanteer
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$RED