You do realize that by going into the redzone here, even though more EV+ spots may open up than if you had a mid-ranged stack, you are merely trying to recover the chips you just lost on a -EV / MAYBE 0EV spot, without even being able to do so by doubling up? You also realize, that with your current stack, and the blinds continually going up, if you do not come across any +EV spots to bring your stack up, eventually you will enter the red-zone anyway and those same red-zone spots will become available, except for more chips?

I suggest doing your best to pick +EV spots throughout, and not finding excuses to get your money in with the worst of it. If you get into the redzone due to a +EV play you made, so be it, let the cards come as they may. Don't pick -EV spots on this kind of basis, though.