Market Overview for Radworks/Tether (RADUSDT): 24-Hour Summary as of 2025-10-14

• Price surged 17.8% on sharp volume spike at 16:30 ET, forming a bullish engulfing pattern at 0.568.
• Volatility expanded through 0.5–0.59 range, with Bollinger Bands widening after 0.54 support held twice.
• RSI edged into overbought territory (70–75), while MACD diverged briefly ahead of the breakout.
• Turnover surged 2.5x above average during 11:15–12:00 ET, signaling strong buying pressure near 0.606 high.

Market Snapshot

Radworks/Tether (RADUSDT) opened at 0.519 on 2025-10-13 at 12:00 ET and closed at 0.537 at 12:00 ET on 2025-10-14. The 24-hour range was 0.494 to 0.615, with a total volume of 10.86 million tokens and a notional turnover of approximately $5.5 million. Price accelerated during a late-ET rebound, forming a bullish reversal candle on the 15-minute chart.

Structure & Formations

The 15-minute chart showed a key support cluster forming around 0.52–0.53, with three consecutive closes above 0.52 after a sharp sell-off into 0.514. A bullish engulfing pattern formed around 16:30 ET, as the candle closed at 0.568 after opening near 0.56. A 0.54–0.56 consolidation zone emerged as price tested 0.55–0.56 resistance multiple times, with volume increasing on the breakout. A morning doji at 0.531 hinted at indecision, but subsequent volume confirmed a shift in momentum.

Volatility & Bollinger Bands

Bollinger Bands expanded after 0.54 support held for a second time, with the 20-period midline trending upward. Price spent the last 4 hours of the 24-hour window inside the lower and middle bands, but a sharp close at 0.537 brought it closer to the upper band. This suggests volatility may remain elevated in the short term.

Moving Averages and Fibonacci

A 20-period moving average crossed above a 50-period line at 0.538, forming a golden cross. Fibonacci levels from the 0.494–0.615 move showed price consolidating around 61.8% (0.544) and 78.6% (0.570) levels. On the 15-minute chart, the 0.528–0.542 swing saw strong buying pressure, forming a bullish channel breakout.

MACD & RSI Signals

The 12/26/9 MACD histogram turned positive at 0.553, confirming a shift in momentum. RSI briefly hit overbought territory (70–75) after the 0.615 peak and dropped to 58 by 0.537 close, suggesting potential for a pullback. A bearish divergence in MACD occurred around 0.606, followed by a sharp reversal. A bullish divergence emerged near 0.52–0.53, suggesting short-term support.

Backtest Hypothesis

The MACD top-divergence event on 0.606 appears to be a key signal for reversal. Given the sharp correction that followed, this could serve as a candidate for backtesting. By identifying similar divergence events over a multi-year period (e.g., 2022–2025), and measuring the average return post-event, we could assess the statistical significance of the pattern. With the correct ticker symbol or OHLCV feed, the backtest could be run to evaluate its profitability and risk-adjusted returns. This approach would require precise alignment of the price data and accurate MACD calculation to detect recurring divergence signals.