Red The Mal priceRED

🔥 $RED /USDT Mega Pump Alert 🚀 $RED is flying with +34% gains and showing strong bullish continuation! 📈 Market momentum suggests further upside as volume supports the breakout. ✅ Entry: 0.560 – 0.565 🎯 Target (TP): 0.703 🛡 SL: 0.492

$RED

What is RedStone? RedStone is a blockchain oracle provider designed to deliver gas-efficient, tamper-proof, and cross-chain data feeds to support DeFi protocols across various blockchain networks. Its modular architecture enables rapid integration with different chains and use cases, making it adaptable to evolving blockchain technologies. By optimizing data delivery, RedStone aims to enhance efficiency while maintaining security and reliability for DeFi applications. RED serves as the native utility token within the RedStone ecosystem, playing a central role in staking and payments. Data providers operating within the oracle network must stake RED tokens to ensure the integrity and accuracy of the data they provide. Additionally, any holder can stake RED tokens in RedStone AVS on EigenLayer, contributing to the network’s security. At launch, RED will also be supported by partner AVS as a Liquid Restaked Token, further expanding its utility. #RED $RED

📈 $RED /USDT Attempts a Recovery After Sharp Drop After testing the 0.4570 support zone, $RED has shown signs of recovery and is now trading at 0.4638. The bounce suggests renewed buying interest, but strong resistance remains ahead. 🔑 Key Technical Levels: Support: 0.4570 Resistance 1: 0.4680 Resistance 2: 0.4765 🎯 Trade Setup: Entry Zone: 0.4620 – 0.4640 Targets (TP): 0.4680 / 0.4760 Stop Loss (SL): 0.4580 ⚠️ Risk Management Reminder: Market volatility remains high — stick to proper 1–2% risk allocation and adjust positions carefully. $RED is making a comeback attempt — will it break above resistance or face rejection again? Stay alert, traders!