$RED JUST PUMPED 20%! IS A DUMP COMING NEXT?
$RED is showing a massive rally, but that sharp upper wick suggests sellers are active near $0.1876. I'm watching for a possible bearish reversal.
SHORT Entry: $0.1770–$0.1800
TP1: $0.1730 | TP2: $0.1680 | TP3: $0.1620
SL: $0.1885
My bias turns bearish below $0.1750. Until that breaks, shorting this strong rally remains risky!
$RED is showing a massive rally, but that sharp upper wick suggests sellers are active near $0.1876. I'm watching for a possible bearish reversal.
SHORT Entry: $0.1770–$0.1800
TP1: $0.1730 | TP2: $0.1680 | TP3: $0.1620
SL: $0.1885
My bias turns bearish below $0.1750. Until that breaks, shorting this strong rally remains risky!