In my case (Windows), I have faced the same issue with 2 version of Android Studio,
1. Android Studio Arctic Fox | 2020.3.1 Patch 4 (My previous/normal IDE used)
2. Android Studio Dolphin | 2021.3.1 Patch 1 (My updated/current IDE used)
First, I thought this problem can be solve by Build>Clean Project, or Build>Rebuild Project, or File>Invalidate Caches..., but sadly won't work. So, I decided to update my IDE Arctic Fox to Dolphin.
Download from official site, installed with different folder (C:\Program Files\Android\Android Studio1), but project folder still same. During opening project, it won't run unless change Java version to Java 11 (File>Settings>Build, Exectuion, Deployment>Build Tools>Gradle>Gradle JDK>11 version).
Try opening several projects, however the IDE sometime still show the redline code, but the app can still debug/run as usual. Latest method I used, File>Invalidate Caches... And IDE haven't show any redline code.
*Remark: Don't know how long the latest method I used will work.