$RED Is Falling Back to Where It Started — And the Chart Says It's Not Done Yet 📉

Pumped to 0.1876. Now bleeding back toward the launch point.

EMAs all pointing down. MACD deeply negative.

Selling volume 65% above average. This is not a dip — it's a distribution unwind.

Trade Plan:

No entry yet. Wait for reversal confirmation.

Entry only on RSI 30 + bullish candle:

$0.1380–$0.1420

Target 1: $0.1520

Target 2: $0.1650

Stop Loss: $0.1320 (below origin structure)

Trying to catch this before RSI hits 30 is gambling. Let the sellers exhaust first — then strike.

#RED #Infrastructure #CryptoTrading

DYOR / NFA

RED

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