【$RED Signal】Pullback confirmation, sniper for secondary rally

$RED 1H timeframe shows a slight pullback with volume contraction at EMA20, with the price consolidating around 0.220. The 4H Bollinger Bands are opening upward, with the price above the upper band, and the MACD lines are strongly expanding above the zero line. Market depth shows very thick buy orders below 0.220, with clear intent of capital support.

🎯Direction: Long

⚡Entry/Order placement: Gradually accumulate in the 0.169 - 0.174 range

🛑Stop loss: 0.150

🚀Target 1: 0.270

🚀Target 2: 0.318

🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect principal.

Negative funding rate as high as -1.59%, putting significant pressure on short positions. Position volume remains stable, with no signs of capital fleeing. The 1H RSI has fallen from a high level to 73, providing a healthy correction space. Under this structure, the price has completed a turnover above key moving averages, often a prelude to a new rally. The risk-reward ratio exceeds 4, making the odds quite attractive.

View real-time market 👇 $RED
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