MARK MY WORDS 1 $âđŻđ„ Big Victoryâ $RED Close to the $1 thresholdâCongratulations to everyone who followed the call $RED is on fire and getting closer to $1âThe momentum is unstoppable, and the next rise could be a real game changerâ Who is still in positionâ $RED Exploding â Is there still room to climbâ
#RED has increased by 54.78% over the last 24 hours, currently trading at $0.8324 after reaching a high of $0.8551. The breakout suggests strong bullish momentum but can it sustain this movement?
Key Levels to Watch
Resistance: $0.8551 â A breakout above this level could push RED towards $0.8800 and $0.9200.
Support: $0.7565 â Maintaining this level is crucial; a failure could lead to a retracement towards $0.7000 and $0.6450.
Trading Setup
Long Entry: If RED stays above $0.7565, the next targets remain $0.8800 and $0.9200.
Short Entry: A rejection at $0.8551 could lead to a correction towards $0.7565 and $0.7000.
Stop loss: Below $0.6450 to manage downside risk.
Market Insights
66% buying pressure signals strong accumulation.
A strong increase in volume confirms bullish interest.
Overbought conditions could trigger short-term pullbacks before another rise.
RED is in price discovery mode, watch for a confirmed breakout or potential retracement.
