$RED is showing a clear rejection from the supply zone, and the structure is starting to shift bearish. Lower highs are forming, which is a strong sign that sellers are taking control.
Short Trade Setup: Entry: 0.185 – 0.200
Stop Loss: 0.230
Targets: TP1: 0.165
TP2: 0.145
TP3: 0.130
After the rejection, price failed to push higher and is now trending downward with weaker buying pressure. If this momentum continues, we can expect a steady move toward the lower targets.#RED #CZReleasedMemeoir #MorganStanley'sBTCETFSetToLaunch
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RED
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