$RED analysis chart

Based on the chart for #REDUSDT

๐Ÿ“‰ Trend: Downward.๐Ÿ‘‡

The price is below the Moving Averages (MA 7 & MA 99).

โžก๏ธ Entry Price: Around 0.4124 (current price).

๐ŸŽฏ Targets:

๐ŸŒŸTarget 1: 0.4106

๐ŸŒŸTarget 2: 0.4080

(estimation based on the chart's recent low)

๐ŸŒŸ Target 3: 0.4050

(further estimation)

๐Ÿ›‘ Stop Loss: A stop-loss could be placed slightly above the recent high or the 7-period MA, for example, at 0.4150.๐Ÿ‘ˆ

#TechnicalAnalysis #Write2Earn

RED
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$RED