$RED BEARISH RETEST SETUP AFTER SPIKE REJECTION

Short $RED

Entry: 0.1295 - 0.1325

SL: 0.1365

TP1: 0.1263

TP2: 0.1235

TP3: 0.1190

RED rejected hard from 0.1606 and has failed to reclaim the 0.132–0.136 supply area. Liquidity is likely sitting below 0.1263, while resistance remains heavy above current price. Continuation is favored unless price reclaims 0.1365 and turns the breakdown into a failed move.

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RED
REDUSDT
0.1313
+1.46%