It will be available for trading on Binance tomorrow starting at 10AM
BlockchainBaller
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$RED /USDT EXPLODING – NEXT STOP $1, $1.5, OR EVEN $2❓$RED has skyrocketed from $0.20 to $0.60 in no time, showing massive momentum. With bullish sentiment taking over, could this be the start of a surge toward $1, $1.5, or even $2❓Key Levels to Watch: A breakout past $0.65 could confirm the rally, while holding $0.50+ as support is crucial for sustained momentum. $RED /USDT: Explosive Pre-Market Surge – What’s Next❓#RED /USDT has skyrocketed +50.00% to $0.6000, making a massive move from its $0.2000 low in the last 24 hours. The price is currently at its 24h high, signaling strong buying momentum in this pre-market phase.
Key Levels to Watch
Resistance: $0.6000 – If the rally continues, a breakout above this level could push the price towards $0.7000 or higher.
Support: $0.4000 – A pullback could retest this level before another leg up.
Market Insights
Parabolic SAR: Bullish, confirming an uptrend.
Order Book: Strong buying interest, indicating demand remains high.
MACD & RSI: Limited data, but momentum appears strong.
Trade Setup
Long Entry: Above $0.6000, targeting $0.7000+.
Short Entry: If rejected, watch for support near $0.4000.
Stop Loss: Below $0.5000 for longs, above $0.6200 for shorts.
Given the rapid price movement, traders should exercise caution and manage risk effectively.
At present, purchasing the $RED token is restricted, and no transactions can be made until the restriction is lifted.
Trading Availability
Binance has announced that trading restrictions on $RED will be lifted on March 3, 2025, at 10:00 (UTC). After this time, users will be able to buy and sell the token as they would with any other cryptocurrency.
Placing Limit Orders
Understanding Price Limits
The current maximum price limit for it has been increased to $0.6 and will be further raised to $0.8 tomorrow.
Users can place limit buy orders at any price below $0.8 before trading opens on March 3.
This means you can set a limit order at any value between $0.2 and $0.8, including values such as $0.4, $0.6, $0.456, etc.
Clarification on Order Prices
There is no requirement to place orders specifically at the set price limits (e.g., $0.4, $0.6, or $0.8). You have the flexibility to choose any price within the allowed range.
Order Execution Process
Orders will only be executed starting March 3, 2025.
If you have an open limit order, there is no need to place a duplicate order once trading begins.
Your order will be executed once the market price reaches your specified limit order price after trading opens.
For those interested in purchasing $RED, ensure that you place your orders before March 3 to take advantage of the available price range.
I believe the price will be 0.8 because the pre-market I think ends on Monday at 10 AM
Wayne Tisdal Fw2Q
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$RED I have several questions about this coin: When it opens to the market, will the coin be sold to everyone who is waiting at 0.4 or will it be a portion? I ask because there are already 38M
Besides, it says it will be at 0.6, so will it rise to that point or will it enter the market completely at that price?
Also, seeing that there are already 38M, does that mean there is a lot of demand which will probably raise the price, right?