$RED is stabilizing after the steady push up from the 0.2082 reaction low and I am watching this closely because buyers stepped in consistently throughout the move. Price climbed smoothly toward the 0.2284 high and is now consolidating just below that level which shows strength in the structure.

The 1h candles are forming higher lows and the pullbacks remain shallow which signals controlled momentum rather than exhaustion. Selling pressure is limited and buyers are still active.

Here is my full setup from this chart.

Entry Point

0.226 – 0.220

Target Point

TP1: 0.230

TP2: 0.236

TP3: 0.242

Stop Loss

0.214

It is possible because dips near the 0.220 zone are getting absorbed quickly and sellers are failing to break the structure lower. If $RED stays above this support area the move toward 0.230 becomes the natural first step before momentum attempts further upside continuation..

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$RED

RED
REDUSDT
0.2587
+2.98%