$RED Cooling After a Sharp Spike — Structure Still Intact Trading around $0.2473 (+4.30%), RED saw an aggressive upside impulse from the $0.232–$0.236 demand zone, spiking into $0.2670 before entering a controlled pullback. The decline has been gradual and overlapping, signaling consolidation rather than full trend reversal 📉➡️📈
Price is now stabilizing near the mid-range, suggesting sellers are losing momentum.
🎯 Key Levels to Track:
• $0.250 – $0.253 — immediate reaction / reclaim zone
• $0.2670 — breakout confirmation
• $0.2850+ — expansion target on renewed momentum
🛡 Strong Support: $0.240 – $0.243
✅ Bullish bias holds while price stays above this base
⚠️ A clean loss of $0.240 could extend consolidation lower
💬 Is RED preparing for another push toward $0.267, or will it continue building energy first? 👀🔥
Trade #RED here
RED
0.2696
+8.57%