Radworks/Tether (RADUSDT) Market Overview: October 9, 2025

• Price action saw a 24-hour range between $0.614 and $0.639 with a bearish bias into the close.
• Volume spiked during the early morning hours, peaking at 46,922.8 units during the 9:30–9:45 ET timeframe.
• Momentum shifted multiple times, with RSI hovering near 40–50, indicating no clear overbought or oversold condition.
• A key engulfing pattern formed around 7:30 ET as bullish momentum pushed price above a prior bearish consolidation.
• Volatility expanded in the final hours, with Bollinger Bands widening and price hovering near the mid-band.

15-Minute Price Action and Key Levels

The 24-hour session for Radworks/Tether (RADUSDT) opened at $0.629 on October 8 at 12:00 ET and closed at $0.618 on October 9 at 12:00 ET, with an intraday high of $0.639 and a low of $0.614. Total trading volume reached 1,123,530 units, and notional turnover was $711,129. Price action showed a bearish tilt with a series of lower highs and lower lows toward the close. Notable resistance levels appear at $0.632–0.635, with prior support at $0.618–0.620 offering near-term floor potential. A bearish engulfing pattern formed around 7:30 ET, confirming a short-term reversal in bullish momentum.

Moving Averages and Volatility

The 20-period and 50-period moving averages on the 15-minute chart crossed below price action in the final 6 hours of the session, indicating a bearish trend continuation. The daily 50- and 100-period moving averages are also below the current price, reinforcing the downtrend. Bollinger Bands widened significantly in the last 6 hours, signaling increased volatility. Price has been trading near the mid-band in recent hours, with no clear breakout to either side.

MACD, RSI, and Fibonacci Retracements

The MACD line turned negative after 8:30 ET, with a bearish crossover in the final 6 hours of the session. RSI moved below 50 and hovered near the 40–45 range, suggesting a continuation of bearish momentum. Fibonacci retracement levels based on the recent high of $0.639 and low of $0.614 indicate potential support at $0.623 (38.2%) and $0.617 (61.8%). Price has approached but not yet tested the 61.8% level, suggesting a possible bounce or further consolidation.

Looking ahead, if the price continues to trade below the 50-period moving average and breaks the 61.8% Fibonacci level, a test of $0.610 could follow. However, a sustained rebound above $0.623 may trigger a short-term reversal. Investors should remain cautious due to the volatile and sideways nature of the price action.

Backtest Hypothesis

A potential backtest strategy involves a 15-minute breakout system using the 20-period moving average as a dynamic support/resistance level. Traders could enter long positions when price closes above the 20-period MA with a bullish engulfing pattern, or short when it closes below with a bearish pattern. A stop-loss could be placed just beyond the most recent swing high or low, and a take-profit target based on the 61.8% Fibonacci retracement. The strategy would aim to capture directional bias from short-term volatility and trend continuation, with entry confirmation through volume and pattern alignment as seen in the 7:30–8:30 ET period.