no it will decline after post launch of 1 day
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BlockchainBaller
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BullishWill $RED Hit $10 Post-Launch❓$RED has surged 300% in pre-market attracting strong buy pressure. With rising volume and bullish momentum, a rally toward $5-$10 seems possible. Can it break through post-launch❓#RED /USDT Skyrockets – Is This Just the Beginning❓$RED /USDT is holding at $0.8000 (+33.33%), after a sharp rally from $0.2000 in pre-market trading. The parabolic surge suggests high speculation, but is the upside sustainable?
Key Levels to Watch
Resistance: $0.83 – A breakout could send RED toward $0.90 and $1.00.
Support: $0.60 – If rejected, a drop toward $0.50 is possible.
Market Insights
MACD: No significant divergence yet.
Parabolic SAR: Confirming a strong uptrend.
Volume: Increasing, indicating growing interest.
Trade Setup
Long Entry: Above $0.83, targeting $0.90 and $1.00.
Short Entry: Below $0.60, downside targets at $0.50 and $0.40.
Stop Loss: $0.58 to limit risk.
Will RED sustain its gains, or is a correction incoming?
Key Levels to Watch
Resistance: $0.83 – A breakout could send RED toward $0.90 and $1.00.
Support: $0.60 – If rejected, a drop toward $0.50 is possible.
Market Insights
MACD: No significant divergence yet.
Parabolic SAR: Confirming a strong uptrend.
Volume: Increasing, indicating growing interest.
Trade Setup
Long Entry: Above $0.83, targeting $0.90 and $1.00.
Short Entry: Below $0.60, downside targets at $0.50 and $0.40.
Stop Loss: $0.58 to limit risk.
Will RED sustain its gains, or is a correction incoming?
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.