Market Overview for Radiant Capital/Tether (RDNTUSDT) – 2025-10-12

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• RDNTUSDT rose from 0.02173 to 0.02819, closing near its 24-hour high with a 30.5% gain.
• Volatility expanded mid-day, with Bollinger Bands widening and price testing resistance levels.
• RSI surged into overbought territory, suggesting potential short-term pullback.
• Volume and turnover spiked in the late ET hours, confirming upward momentum.
• A bullish engulfing pattern formed between 06:45 and 07:00 ET, signaling renewed buying pressure.

RDNTUSDT opened at 0.02173 on 2025-10-11 at 12:00 ET and closed at 0.02786 at 12:00 ET on 2025-10-12. The pair reached a high of 0.03148 and a low of 0.01833, with total volume of 529,136,305.0 and a notional turnover of $14.89 million.

The 24-hour period saw a sharp bullish reversal after a prolonged sell-off that began just after the 16:00 ET time window on the previous day. Price found a key support level around 0.02059 and gradually recovered, with a decisive rally occurring between 06:15 and 09:30 ET as buyers pushed the price above 0.028. A bullish engulfing pattern formed at the beginning of the upward leg, and the price closed above the 0.02760 psychological level.

Structure & Formations

Key support levels identified over the 24-hour period include 0.02059, 0.02267, and 0.02501. Resistance levels are now at 0.02760, 0.02817, and 0.02951. A bullish engulfing pattern emerged at 06:45–07:00 ET, confirming a reversal after a period of consolidation. A doji formed at 09:45 ET, indicating indecision, but the strong closing candle at 10:00 ET reaffirmed bullish sentiment.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA, signaling a short-term bullish crossover. On the daily chart, the 50-period MA is approaching the 100-period MA from above, indicating a potential continuation of the upward trend. The 200-period MA remains well below the current price, suggesting a long-term bull market phase.

MACD & RSI

The MACD crossed above the zero line in the early hours of the morning, signaling growing bullish momentum. However, RSI surged into overbought territory at 73, suggesting a potential short-term correction. Divergence between RSI and price was observed during the late ET hours, with RSI peaking ahead of price, hinting at a potential pullback.

Bollinger Bands

Volatility expanded significantly from 06:00 to 09:30 ET, with the Bollinger Bands widening and price breaking out of a tight consolidation phase. The pair closed above the upper band, indicating strong buying pressure. A contraction in the bands occurred earlier in the day, particularly around 00:00–01:00 ET, which often precedes a breakout move.

Volume & Turnover

Volume increased substantially during the 06:00–08:00 ET time frame, with the highest hourly volume of 105,653,092.0 observed at 09:00 ET. Notional turnover also spiked during this time, reaching $3.39 million at 09:00 ET. Price and turnover showed strong alignment during the recovery phase, confirming the legitimacy of the bullish move.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute low at 0.0193 and high at 0.03148, key retracement levels are at 0.02495 (38.2%), 0.02808 (61.8%), and 0.03148 (100%). Price currently sits just below the 61.8% level, suggesting further upside potential if buyers commit. The 61.8% retracement level may act as a short-term resistance and a critical point to watch.

Backtest Hypothesis

Given the recent bullish reversal and strong volume confirmation, a potential backtesting strategy could involve a long entry at the close of the bullish engulfing candle at 07:00 ET, with a stop-loss placed below the 0.02652 level. A profit target of 0.02951, aligning with the 61.8% Fibonacci retracement, could be set with a trailing stop to lock in gains. The strategy would aim to capture the continuation move after a confirmed breakout and diverging RSI signal.