RED/USDT: Long Setup at 0.618 Retracement ZoneRED / TetherUS PERPETUAL CONTRACTBINANCE:REDUSDT.PSharingGannnnOn the RED/USDT 30-minute chart, price has retraced back into the 0.618 Fibonacci level at 0.2480 after breaking previous structure to the upside. This zone aligns with the origin of the bullish move, making it a favorable discount area for a potential long entry. The stochastic oscillator is also near oversold, supporting a possible reversal from this level. If price shows bullish confirmation within the 0.2480–0.2490 zone, I expect a continuation toward the previous high, with a target around 0.2623. Stop-loss is placed below the discount zone to protect against deeper retracement. What I Expect Next: I will wait for price action confirmation inside the 0.618 zone (rejection wick, bullish engulfing, or internal BOS). If the level holds, I will take a long position targeting 0.2623. If price breaks below the zone, I will invalidate the setup and reassess.