๐ $RED /USDT Bull run alert ๐ฏ ๐ฅ
BULLISH BREAKOUT INCOMING? ๐
Market Analysis:
$RED/USDT is currently trading at $0.4833 after a solid rebound from the $0.4700 support zone. The chart shows increasing bullish momentum with higher lows forming, indicating potential for an upward push. Immediate resistance stands at $0.4850 โ a breakout above this level could trigger a strong upward move toward the next target at $0.4950.
๐ Key Levels:
Support: $0.4700
Resistance: $0.4850, $0.4950
๐ผ Trade Setup:
LONG ENTRY: Above $0.4850 (confirmed breakout)
TAKE PROFIT (TP): $0.4950, $0.5050
STOP LOSS (SL): $0.4750
๐ Market Outlook:
If $RED/USDT holds above $0.4850, a continuation toward the $0.4950 zone is likely. Failure to hold this level may lead to a pullback to $0.4700.
โ ๏ธ Risk Management: Keep risk to 1-2% of your capital per trade. Adjust SL according to market volatility.
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