Market Overview for Radiant Capital/Tether (RDNTUSDT) on 2025-10-28

• Price declined from 0.01674 to 0.01641 over 24 hours, with oversold RSI conditions potentially emerging.
• Volatility increased, marked by a 15-minute low of 0.01624, suggesting bearish exhaustion may be nearing a turning point.
• Heavy volume clusters occurred around 0.0164–0.0165, indicating consolidation ahead of a potential breakout.
• Bollinger Bands show a recent contraction, hinting at a period of high volatility ahead.
• Fibonacci retracement levels near 0.0162–0.0163 may offer near-term support or resistance if the trend continues.

Price Summary and Volatility

Radiant Capital/Tether (RDNTUSDT) opened at 0.01658 on 2025-10-27 at 12:00 ET and closed at 0.01641 as of 2025-10-28 at 12:00 ET. The pair reached a 24-hour high of 0.01686 and a low of 0.01624. Total volume traded over the 24-hour window was 11.7 million contracts, with a notional turnover of approximately $189,869. The declining price action and rising volume suggest heightened bearish sentiment, with potential for reversal in the near term.

Structure & Key Levels

The 24-hour OHLCV data highlights a bearish channel formation with resistance near 0.0166–0.0167 and key support zones forming between 0.0162 and 0.0163. A notable bearish engulfing pattern is visible around 17:30–18:15 ET, confirming a shift in short-term sentiment. A doji candle appears near 0.01625, suggesting indecision and potential for a near-term bounce. Fibonacci retracement levels from the high of 0.01686 to the low of 0.01624 sit at 0.01638 (38.2%) and 0.01622 (61.8%), both of which could act as critical turning points.

Moving Averages and Momentum

On the 15-minute chart, the 20SMA and 50SMA have crossed below the price, reinforcing the bearish bias. The 50EMA is currently at 0.01645, while the 20EMA is at 0.01642, indicating a narrowing gap that could signal a slowdown in the downward momentum. The price has crossed below both, suggesting a short-term bearish setup. If the price fails to reclaim these averages, the next major support level lies at 0.01615.

Bollinger Bands and Volatility Shifts

Bollinger Bands are currently in a narrow configuration, having contracted between 0.01624 and 0.01652 over the past six hours. This suggests that the market is preparing for a period of high volatility, with a breakout or breakdown likely in the near future. The price has spent the last 15 minutes hovering near the lower band at 0.01624, hinting at potential exhaustion in the short-term bearish move. A breakout above 0.0165 or a breakdown below 0.0162 could validate the next directional move.

Volume and Turnover

Volume has spiked significantly near the 0.0164–0.0165 level, confirming a consolidation phase. Total volume for the 24-hour period was 11.7 million contracts, with the most concentrated buying and selling activity occurring between 22:45 and 00:30 ET. Turnover, at $189,869, aligns with the volume spike, showing no material divergence between the two. This alignment suggests strong conviction in the current bearish move, although a sharp increase in volume during a rebound could signal a short-covering rally.

Backtest Hypothesis

With the RSI data for RDNTUSDT currently inaccessible, a backtest strategy could be recalibrated using the available OHLCV data. By retrieving raw price data and calculating RSI locally, we can identify historical oversold conditions (RSI < 30) and evaluate performance during those periods. This approach would enable a forward-looking event backtest, focusing on price behavior and volume confirmation following key RSI triggers. Alternatively, if manually supplied RSI oversold dates are available, a targeted backtest can be executed with minimal delay. Given the current price structure and volume dynamics, such a test could offer valuable insights into the pair’s potential for a near-term reversal.