$RED /USDT short trade signal 🛑 🚦

BEARISH PRESSURE INCREASING! 🚨

🔎 Technical Overview:

$RED is trading at $0.6209, down -8.50% in the last 24 hours. The price is forming a consistent downtrend after failing to hold key support levels, signaling more potential downside.

📊 Key Levels:

Resistance: $0.6400 – $0.6600

Support: $0.6170 – $0.6000

📌 Trade Setup:

🔻 Short Entry: $0.6200

🎯 Take Profit (TP):

TP1: $0.6100

TP2: $0.6000

🛑 Stop Loss (SL): $0.6300

📉 Market Outlook:

RED/USDT is facing heavy selling pressure. If the price breaks below $0.6170, further downside towards $0.6000 is likely. A break above $0.6400 could shift momentum toward recovery, but the current bias remains bearish.

⚠️ Risk Management:

Keep your risk per trade at 1-2% of your capital. Maintain strict stop-loss to avoid large losses.

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$RED

RED

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