Caught $RED at 0.087 this morning because the volume spike looked too clean to ignore. Up 27% now and I'm still holding most of it 🎯
Funding's negative which means shorts are getting cooked. They keep trying to fade it and keep getting run over. RSI hit 75 on the 4h but with 4x normal volume I'm not touching that sell button yet.
The @redstone_defi infrastructure play is finally getting attention after sitting dead for weeks. Sometimes the chart just tells you before the narrative catches up.
Took 30% off at 0.105 to lock something. Rest rides.
Could easily pull back here but the short squeeze setup is too good. When funding's this negative and price keeps climbing anyway, someone's about to get liquidated hard 💀
Not chasing if you missed it though. Wait for the retrace.
#RED #Web3 #Trading
Funding's negative which means shorts are getting cooked. They keep trying to fade it and keep getting run over. RSI hit 75 on the 4h but with 4x normal volume I'm not touching that sell button yet.
The @redstone_defi infrastructure play is finally getting attention after sitting dead for weeks. Sometimes the chart just tells you before the narrative catches up.
Took 30% off at 0.105 to lock something. Rest rides.
Could easily pull back here but the short squeeze setup is too good. When funding's this negative and price keeps climbing anyway, someone's about to get liquidated hard 💀
Not chasing if you missed it though. Wait for the retrace.
#RED #Web3 #Trading