$RED – Buyers pump it up…

but momentum fades near resistance.

My Plan Short

Entry: 0.177 – 0.179

TP: 0.170 | 0.162 | 0.153

SL: 0.188

Reason: Price exploded higher but is now getting rejected hard at the peak. The candle shows a clear reversal pattern, with sellers stepping in aggressively to absorb all the buying pressure. Volume is shifting from buying to selling, and the structure is starting to roll over. When a parabolic move gets this kind of rejection, the unwind tends to be just as violent.

Trade $RED here 👇 with risk management

REDUSDT

Perp

0.1418

+1.57%