Market Overview for Radworks/Tether (RADUSDT) on 2025-10-10

• Radworks/Tether (RADUSDT) traded in a 0.614–0.633 range, ending near mid-range with a bearish close.
• Volume surged 23x in a 15-minute spike, while momentum shifted downward in RSI and MACD.
• Volatility expanded on the final 24-hour candle, with price closing near a key Fibonacci level.
• Bollinger Bands widened as a potential precursor to a breakout or reversal phase.
• A strong divergence between price and volume suggests caution for near-term directional bets.

RADUSDT opened at 0.619 on 2025-10-09 at 16:00 ET and closed at 0.607 at 16:00 ET on 2025-10-10. The pair traded as high as 0.633 and as low as 0.596 over the period. Total volume amounted to 496,347.8 with a notional turnover of approximately $304,681.16. Price action exhibited a bearish reversal pattern as it closed below its 20-period moving average on the 15-minute chart.

Structure & Formations

Key support levels emerged around 0.614 and 0.605, with a notable bearish engulfing pattern forming at 15:45 ET as price gapped down from 0.616 to 0.613. A doji appeared at 0.626 around 10:45 ET, signaling indecision. The 0.617–0.621 range became a contested zone, with resistance clashing at 0.622 and 0.624. Price failed to retest the 0.628–0.630 level twice, indicating a potential exhaustion of bullish momentum.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed below the 50-period line, forming a death cross. The daily chart showed the 50-period line above the 100 and 200-period lines, suggesting a bearish bias. The price closed below all three major daily moving averages, reinforcing a downtrend signal.

MACD & RSI

The MACD turned negative in the final hours and remained below the signal line, with a bearish crossover occurring at 08:45 ET. RSI hit overbought levels around 0.630 before falling into neutral and then oversold territory, confirming the bearish reversal. Divergence between RSI and price was evident in the final two hours, hinting at a possible continuation of the downtrend.

Bollinger Bands

Bollinger Bands expanded significantly during the last 15-minute candle, with the close at 0.607 falling near the lower band. The widening band indicates rising volatility, a common precursor to a breakout or reversal. Price action remained within the band for most of the session, showing contained but downward pressure.

Volume & Turnover

Volume surged dramatically at 15:45 ET, reaching 382,922.8, while turnover also spiked to $235,310. This high volume occurred alongside a large price drop from 0.616 to 0.613. The divergence between volume and price in the final two hours suggests market uncertainty and potential exhaustion of both buyers and sellers.

Fibonacci Retracements

Applying Fibonacci to the recent 0.596–0.633 swing, the 61.8% retracement level at 0.619 was a key level tested multiple times, with price closing near it. The 38.2% retracement at 0.624 acted as a short-term resistance. On the daily chart, the 61.8% level around 0.605 coincided with a strong support, indicating potential for a bounce or further bearish follow-through.

Backtest Hypothesis

A potential backtesting strategy involves entering short positions upon confirmation of a bearish engulfing pattern followed by a close below the 20-period moving average. Stop-loss placement would be set above the most recent swing high, while the take-profit target would be aligned with the 61.8% Fibonacci retracement. The strategy would be triggered only when RSI confirms oversold conditions or diverges from price, and it would be closed on a bullish reversal or after a fixed time horizon of 48 hours. This approach leverages multiple technical indicators to reduce false signals and improve risk-adjusted returns.