$RED /USDT BEARISH CONTINUATION SETUP: SHORT OPPORTUNITY FROM DISTRIBUTION ZONE
Price is showing rejection from the upper supply region after a strong impulsive rally, failing to sustain higher levels and forming signs of exhaustion near resistance, indicating potential continuation of downside pressure.
SHORT ENTRY ZONE: 0.1350 – 0.1380
STOP LOSS: 0.1568 (above major swing high invalidation level)
TAKE PROFIT TARGETS:
TP1: 0.1315
TP2: 0.1265
TP3: 0.1200
Market structure indicates distribution after extended move, with sellers gradually regaining control and probability shifting toward a deeper retracement phase.
RISK MANAGEMENT:
Risk only 1–2% per trade, avoid chasing late breakout candles, and secure partial profits at each target while moving stop loss to breakeven after TP1.
#REDUSDT #CryptoTA #TechnicalAnalysis #ScalpingSetup #AltcoinTrading $RED
