$RED – Short Liquidation in Motion

Price rejected near the $0.172–$0.173 resistance zone, triggering a short liquidation. Market structure shows buyers defending the $0.172 support area, indicating potential continuation to the upside.

Long $RED

Entry: $0.1728 – $0.1732

Stop Loss: $0.1715

TP1: $0.1745

TP2: $0.1755

TP3: $0.1770

Following the short liquidation, price consolidated near key support while absorbing selling pressure. Liquidity clusters below the $0.172 level provide a strong base, allowing momentum to build for a potential breakout. Watch for follow-through above $0.1745 to confirm continuation toward higher targets.

Trade $RED here 👇

RED
REDUSDT
0.14
-10.88%

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