For what it is worth, a friend and I did a light and fast push of the Traverse on 8/6 (no technical gear to speak of) and did not encounter any issues gaining the red ledge. We were able to easily climb into the moat just slightly uphill (maybe 20-30') of where you would typically access the red ledge, then simply worked our way down the moat to an obvious scramble point (3rd class) that put us into the ledges. YMMV.