$RED /USDT BEARISH REVERSAL SETUP: SHORT OPPORTUNITY FROM DISTRIBUTION ZONE

Price is showing rejection from the upper resistance zone after a strong impulsive rally, forming signs of exhaustion and potential distribution at higher levels, increasing probability of downside correction.

SHORT ENTRY ZONE: 0.1470 – 0.1490

STOP LOSS: 0.1568 (above recent swing high resistance invalidation)

TAKE PROFIT TARGETS:

TP1: 0.1440

TP2: 0.1385

TP3: 0.1315

Market structure indicates weakening bullish momentum after sharp expansion, with sellers likely to step in and drive price back into lower liquidity zones.

RISK MANAGEMENT:

Risk only 1–2% per trade, avoid chasing breakout candles, and secure partial profits at each target while moving SL to breakeven after TP1.

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REDUSDT

Perp

0.1313

-0.68%