Market Overview for Radiant Capital/Tether (RDNTUSDT) – 2025-10-31

• Price declined sharply from 0.01484 to 0.01445 before late-night recovery.
• Key support at 0.01442 held during early sell-off.
• Late-night bullish reversal saw price reclaim 0.0149.
• High volatility confirmed by widening Bollinger Bands and divergent volume patterns.
• RSI and MACD suggest short-term oversold conditions may support further bounce.

The Radiant Capital/Tether (RDNTUSDT) pair opened at 0.01472 (12:00 ET – 1), hit a high of 0.01508, and a low of 0.01429 before closing at 0.01499 (12:00 ET). The 24-hour volume was 35.9 million USDT, with total turnover reaching $552,399. Price action reflected strong intraday volatility and a late-night bullish rebound.

Structure and form suggest a critical support cluster between 0.01442 and 0.01445 held during a sharp mid-session decline. Price then formed a bearish engulfing pattern on the 15-minute chart as it broke below 0.01445, but reversed with a bullish spinning top pattern near 0.01441 before the night session. A bullish reversal candle appeared after 03:30 ET, hinting at renewed buying interest.

Moving averages show the 20-period line crossed below the 50-period line earlier in the session, forming a short-term death cross, but price closed above the 50-period MA at 0.01499. Daily moving averages remain above 0.0149, suggesting longer-term support may still hold. A retest of the 0.01442–0.01445 range would confirm whether the current rebound is sustainable.

MACD turned positive in the final hour of the 24-hour period, with the line crossing above the signal line. RSI bottomed near 28 during the early sell-off, entering oversold territory and suggesting a potential short-term bounce. Bollinger Bands showed a contraction in mid-session followed by a significant expansion, aligning with increased volatility and price retesting the upper band near 0.01508.

Volume and turnover spiked during the mid-session selloff, with over 1.7 million USDT traded as price fell below 0.0145. Late-night volume surged again as price reclaimed 0.0149, with a turnover increase of 40% from 03:30 ET onward. The divergence between price and volume during the morning hours may signal weakening momentum, but the late-night pickup aligns with a potential reversal.

Fibonacci retracements on the recent 15-minute swing from 0.01441 to 0.01508 show key levels at 0.01477 (38.2%) and 0.01494 (61.8%). Price currently sits near 0.01499, slightly above the 61.8% retracement level, suggesting a possible consolidation or continuation phase. Daily retracements highlight 0.01488 as a potential resistance ahead.

Backtest Hypothesis
Given the RSI’s entry into oversold territory during the selloff, a buy-the-dip strategy could have been triggered if RSI dropped below 30 with confirmation from volume and MACD. The late-night price rebound supports the idea of a short-term bounce, but the absence of RSI data for HOLD.P highlights a critical dependency on accurate data inputs. A similar strategy using a broad-market ETF or using the RDNTUSDT RSI could provide more actionable insights. For now, traders may consider using RSI and volume as entry filters for potential reversal setups.