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🚀 #RED Bullish Breakout Alert! 🚀
Market Update: A recent short liquidation of $5.0179K at $0.71725 has added fuel to the momentum, signaling strong buying pressure. Bulls are stepping in, eyeing a potential breakout!
🔥 Key Levels & Trade Setup
🔹 Entry Zone: $0.720 - $0.730
🔹 Resistance Levels: $0.750, $0.780, $0.810
🔹 Support Levels: $0.700, $0.685
🔹 Stop-Loss: Below $0.685 for risk management
🔹 Targets:
🎯 Target 1: $0.750
🎯 Target 2: $0.780
🎯 Target 3: $0.810
📊 Market Sentiment & Next Move
Short squeeze underway, driving price higher.
Increasing volume supports a potential breakout continuation.
RSI signals bullish momentum, confirming strength in buying pressure.
📢 Strategy: Look for a strong breakout above $0.730 with volume confirmation. A clean hold above $0.750 could propel RED toward higher targets. Watch for retests as potential re-entry zones.
Stay sharp and trade smart
#Crypto Market Bounces Up #Crypto ETFs Under Application #TUT Price Rise