【$RED Signal】Pullback to buy / Main force clearly intends to support

$RED 1H level pullback to EMA20. The buy-side order book depth is unusually thick in the 0.1790-0.1805 range, and the funds’ support actions are clear. After the 4H MACD bullish crossover, volume shrank during the pullback—so the long side structure has not been broken.

🎯 Direction: Long

⚡ Entry/Order (place): 0.1732 - 0.1777

🛑 Stop Loss: 0.1550

🚀 Target 1: 0.2685

🚀 Target 2: 0.3139

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back into the entry area, you will be automatically closed out to protect the principal.

Order book data shows that sell orders above 0.1820 are thinly placed, so breaking through resistance should require less effort. The negative funding rate is as high as -0.9%, putting enormous cost pressure on short positions, laying the groundwork for a potential short-squeeze move. During the 1-hour price pullback, trading volume shrinks significantly; selling pressure is quickly absorbed. This price-volume combination is a characteristic of strong consolidation. The current risk-reward ratio is close to 4:1, making the risk-to-reward extremely attractive.

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