Technical analysis by CryptoAnalystSignal about Symbol RED: Buy recommendation (8/31/2025)

#RED The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area (in green) at 0.4320, which represents a strong basis for the upside. For inquiries, please leave a comment. We are in a consolidation trend above the 100 moving average. Entry price: 0.4478 First target: 0.4657 Second target: 0.4885 Third target: 0.5213 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.