๐จ RED Token Short Signal Based on My Analysis ๐จ
A few days ago, we made a solid profit on RED (Redstone) by trading on the spot. Now, after analyzing the current chart, despite a major drop in RED, Iโm still seeing bearish sentiment developing. Hereโs why Iโm considering short opportunities:
โ ๏ธ Important: This signal is specifically for future traders and not for spot traders.
๐ป Key Levels to Watch:
โ Support Level: $0.572
โ Short Target: $0.50 (Psychological support)
โ Stop Loss: $0.61 (Above the key resistance)
๐ Short Opportunity:
Take a short position only if the price drops below $0.57. This could be a potential short entry, targeting $0.50 with a stop loss set at $0.61.
๐จ Risk Management:
Only use 1% of your futures capital and leverage max 20x. ๐๐
โ Be cautious and trade wisely!