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#GateSquareAprilPostingChallenge $RED experienced strong rejection after the recent price surge, with long positions being liquidated. This indicates that sellers are starting to enter, especially after the price became overextended. This post suggests a short position on RED, with an entry between 0.180 – 0.185, a stop loss at 0.192, and several take profit targets down to 0.150. The liquidation of 3.07K at 0.1823 indicates increasing selling pressure.