Market Overview for Radiant Capital/Tether (RDNTUSDT) – October 24, 2025

• Radiant Capital/Tether (RDNTUSDT) closed near support, with bearish momentum intensifying.
• RSI-14 indicates oversold conditions, suggesting potential for a short-term bounce.
• Volatility expanded in the early morning, but volume failed to confirm the lower lows.
• Key 15-minute resistance appears at 0.01730, with prior support forming a possible floor at 0.01685.
• A strong short-term reversal pattern is visible at 0.01687, possibly signaling a near-term rebound.

Radiant Capital/Tether (RDNTUSDT) opened at $0.01723 (12:00 ET−1) and traded within a range of $0.01653 to $0.01748 over the 24-hour period, closing at $0.01666 (12:00 ET). Total volume traded was 14,680,713.0, with a notional turnover of $250,000 (approximate based on average trade size), indicating moderate liquidity but a bearish trend in price action.

Structure & Formations

The price structure over the 24-hour window shows a distinct bearish trend, with a lower low forming at $0.01653 on the morning of October 24. A notable bearish engulfing pattern was observed at 0.01692 to 0.01684 (14:30–15:00 ET) that confirmed a short-term bearish reversal. A potential support floor formed near $0.01685–0.01687, as the price has bounced off this zone twice in the past 8 hours. Resistance levels are now consolidating at $0.01700–0.01710, with a key psychological level at 0.01730.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs are trending downward, indicating a continuation of bearish momentum. The price is currently below both, and the 50-period SMA is approaching the key 0.01685 support level. On the daily chart, the 50-period, 100-period, and 200-period SMAs are also in a bearish alignment, with the price maintaining a downward trend for several days.

MACD & RSI

The 15-minute MACD is in negative territory, with a bearish crossover confirming the downtrend. RSI-14 is currently at ~28, indicating oversold conditions and hinting at a possible near-term rebound. However, the MACD histogram is still expanding in the bearish direction, suggesting caution for traders expecting a strong reversal.

The RSI-14 has formed a potential bullish divergence at the 0.01687 level, as the price made a new low while RSI failed to, suggesting some short-term buying interest.

Bollinger Bands

Bollinger Bands have widened significantly in the early morning hours as the price dipped to $0.01653, indicating a period of high volatility. The price is currently trading just above the lower band at $0.01665, and while it appears to have found a short-term floor, the bands remain wide, suggesting volatility is not yet resolved.

Volume & Turnover

Volume spiked to over 1.3M at 12:45 ET as the price broke below 0.01710, confirming the bearish move. However, volume has since declined sharply, with trading activity cooling off below 0.01690. This suggests a lack of conviction in further downward moves and may hint at a potential rebound.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.01748 to 0.01653, the price currently resides near the 61.8% retracement level at 0.01685. This level has acted as a support twice in the last 12 hours, and a break below this level would likely confirm a 76.4% retracement at 0.01663 as the next target.

Backtest Hypothesis

To further contextualize the recent price behavior, a backtesting strategy using RSI-14 and a 50-period SMA could be explored. Specifically, a system that enters a long position when RSI drops below 30 and the 50-period SMA is trending upward could be tested over the past 5 days. The goal would be to assess whether oversold conditions are reliably followed by bullish bounces, and whether the 50-period SMA can act as a filter to reduce false signals. The results would inform whether a similar signal seen at 0.01687 today could be a valid entry for a short-term long trade.