$RED Holding Strength After Clean Breakout 🔴📈
RED defended the 0.208–0.210 base perfectly and then pushed higher with a smooth, controlled trend. The move into 0.2169 was met with light profit-taking, but sellers couldn’t break structure — price is now holding above the short MA band, which keeps the bullish bias intact.
MA(7) and MA(25) are sloping up, MA(99) is well below acting as trend support, and volume expanded on the push then cooled during consolidation — healthy behavior, not exhaustion.
This looks like a pause above breakout, not the end of the move.
Technical zone
Entry: 0.2135 – 0.2155
Targets: 0.218 → 0.225
Stop-loss: below 0.210
A clean reclaim and hold above 0.217 should trigger the next leg up. As long as RED stays above the breakout zone, dips remain opportunities.
Stay patient, trade the structure, let momentum work 🎯
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