$RED /USDT – Bullish Momentum in Progress!
The $RED /USDT pair is experiencing strong bullish momentum, currently up by 19.86% at $0.4206. It has reached a 24h high of $0.4354, with a low of $0.3504, signaling significant upward movement. With a 24h trading volume of 23.41M RED and 9.35M USDT, market activity is robust. The price depth shows key levels at $0.4403 and $0.4206 for resistance, while support is found at $0.3766 and $0.3554.
Momentum Analysis: Strong upward trend, short-term continuation likely, but watch for potential pullbacks at resistance.
Long Setup:
Entry Zone: $0.4200
Targets: T1 – $0.4350, T2 – $0.4400, T3 – $0.4500
Stop Loss: $0.3950
Breakout Confirmation Level: $0.4354 Key Support: $0.3766
Pro Tip: Watch for consolidation around $0.4200 before the next move upward.
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