Market Overview for Radiant Capital/Tether (RDNTUSDT): Bullish Momentum Amid Expanding Volatility

• Price advanced 0.44% over 24 hours, forming bullish momentum with a high of $0.02135 and a close near the upper Bollinger Band.
• Volume spiked 4x during the 19:15–19:30 ET window, coinciding with a key breakout above prior resistance at $0.02118.
• RSI remains within overbought territory at 64.3, indicating potential for consolidation or pullback.
• MACD histogram expanded positively, confirming bullish momentum, while volume and price aligned in a strong confirmation pattern.
• Fibonacci 61.8% level at $0.02097 appears to be a key support that may dictate near-term directional bias.

Price Movement and Structure

Radiant Capital/Tether (RDNTUSDT) opened at $0.0205 on October 2, 2025, 12:00 ET−1, and reached an intraday high of $0.02135 before closing at $0.02089 by 12:00 ET October 3, 2025. The pair traded within a 24-hour range of $0.0205 to $0.02135, with the closing price near the upper band of the Bollinger structure. Total volume amounted to 17,836,460.0 and notional turnover was $369,953.04, reflecting increased buying pressure during key breakout periods.

The 15-minute OHLC data reveals a bullish engulfing pattern around 19:15–19:30 ET, as price closed at a 24-hour high of $0.02135. This pattern, supported by a 4.6x volume spike, suggests strong conviction in the upward move. A bearish reversal is expected to be tested at the 61.8% Fibonacci level of $0.02097 if the current momentum stalls.

Support and Resistance Levels

Key support levels include $0.02097 (61.8% Fib) and $0.02083 (38.2% Fib), both of which have been tested multiple times in the 24-hour timeframe. Resistance levels are now at $0.02118 and $0.02135, with the latter acting as a psychological cap. A breakout above $0.02135 could target $0.02153, while a breakdown below $0.02097 could see price retest $0.02075.

Notably, the 19:15–19:30 ET candle formed a strong bullish engulfing pattern that closed at the upper end of the Bollinger Band. This suggests a possible shift in sentiment from consolidation to breakout. Investors should monitor whether the price maintains above $0.02097 to confirm a continuation of the bullish trend.

Momentum and Volatility Indicators

The 12-day 20-period and 50-period moving averages are in a bullish alignment, with price above both. MACD crossed above the signal line early in the session, with the histogram expanding to confirm the bullish thesis. RSI reached 64.3, suggesting overbought conditions, which may invite a pullback or consolidation phase.

Bollinger Bands widened during the breakout, indicating a period of high volatility. Price closed near the upper band at $0.02135, reinforcing the strength of the move. A retest of the lower band around $0.02076 is expected if the trend reverses.

Backtest Hypothesis

A potential backtesting strategy involves entering long positions when the price closes above the 20-period EMA with a bullish engulfing candle, confirmed by a 4x volume spike. The first target would be the 61.8% Fibonacci level, with a stop-loss placed just below the prior swing low. This approach would aim to capture breakout momentum while managing risk. Given the recent 15-minute OHLC structure, this hypothesis aligns well with the observed behavior around 19:15–19:30 ET. Traders may want to consider similar signals in future sessions if the 61.8% level holds.