Everyone is waiting for a breakout—I am watching $RED / USDT completing a textbook chart setup on the 4h timeframe, signaling a massive shift in short-term momentum.
LONG (4h Reversal Setup)
Trade Plan:
* Entry Zone: 0.1700 – 0.1790
* SL: 0.1550
* TP1: 0.1845
* TP2: 0.1980
* TP3: 0.2150
* TP4: 0.2350
Why this setup?
According to the 4h chart, $RED is trading with strong bullish momentum following a successful test of structural support near 0.1557, driving a clean move away from local lows with a +7.59% gain. The price action has pushed aggressively above the dynamic moving average lines, including the MA7 (0.1759) and MA25 (0.1748), flipping them into solid support alongside the baseline MA99 (0.1619). With a notable volume presence (4.31M USDT volume), this impulse wave is primed to challenge the 24h high of 0.1845 and expand toward higher overhead resistance zones.
Debate:
What do you think? Will RED aggressively break through the 24h high at 0.1845, or will we see a slight retest of the lower support lines before the secondary expansion? Drop your analysis below!$RED
LONG (4h Reversal Setup)
Trade Plan:
* Entry Zone: 0.1700 – 0.1790
* SL: 0.1550
* TP1: 0.1845
* TP2: 0.1980
* TP3: 0.2150
* TP4: 0.2350
Why this setup?
According to the 4h chart, $RED is trading with strong bullish momentum following a successful test of structural support near 0.1557, driving a clean move away from local lows with a +7.59% gain. The price action has pushed aggressively above the dynamic moving average lines, including the MA7 (0.1759) and MA25 (0.1748), flipping them into solid support alongside the baseline MA99 (0.1619). With a notable volume presence (4.31M USDT volume), this impulse wave is primed to challenge the 24h high of 0.1845 and expand toward higher overhead resistance zones.
Debate:
What do you think? Will RED aggressively break through the 24h high at 0.1845, or will we see a slight retest of the lower support lines before the secondary expansion? Drop your analysis below!$RED