Loving this sell off on RDDT -
RDDT (Reddit, Inc.) has experienced a steep decline after a strong rally, and is currently trading around $110.44. The chart highlights a significant gap zone between approximately $85 and $105, suggesting a potential gap-fill.
SOLO Price Prediction: The analysis predicts that once this gap is filled, RDDT could continue its downtrend toward a major support level at $14.50. This bearish outlook implies substantial downside risk, with the $14.50 level acting as a long-term target for price correction.
RDDT (Reddit, Inc.) has experienced a steep decline after a strong rally, and is currently trading around $110.44. The chart highlights a significant gap zone between approximately $85 and $105, suggesting a potential gap-fill.
SOLO Price Prediction: The analysis predicts that once this gap is filled, RDDT could continue its downtrend toward a major support level at $14.50. This bearish outlook implies substantial downside risk, with the $14.50 level acting as a long-term target for price correction.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.