Hi

I'm working on a fairy tale based RPG and got some great help here a little while ago with my portraits. I have been working on a logo to use and would like some feedback. In case you are wondering the game is a turn based RPG with roguelike elements.
Here is what I have so far:

I'm happy with how Red looks and the font, but I'm really struggling with something to bring the darker side to it. I tried putting the shadow of a stalking wolf behind her, but my version just looked cheap. In this one I tried playing around with the font, but as you can see it does not look menacing.
I would really appreciate some feedback on how you think I could add that bit of "menacing" to this logo.
Thanks