Market Overview for Radiant Capital/Tether (RDNTUSDT): October 9, 2025

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• Price action shows a bearish reversal from intraday highs, with a 6.3% decline in 24 hours.
• Key resistance levels at 0.0212–0.0214 tested multiple times but failed to hold.
• Volatility remained elevated, with a 2.3% daily range driven by increased turnover.
• RSI and MACD signal bearish momentum, with RSI falling into oversold territory near 30.

Radiant Capital/Tether (RDNTUSDT) opened at $0.02086 on October 8, 12:00 ET and reached a high of $0.0221 before declining to a low of $0.02038 and closing at $0.0206 at 12:00 ET on October 9. Total volume for the 24-hour period was 49,046,500, with a notional turnover of approximately $1,022,947. Price appears to have entered a consolidation phase following a sharp bearish move.

Structure & Formations

Price formed multiple bearish patterns over the 24-hour window, including a bearish engulfing pattern at the top of the 0.0216–0.0221 range and a falling wedge during the late evening hours. The 0.0212–0.0214 range emerged as a strong resistance zone, tested and failed multiple times. A bullish reversal is possible if price breaks above this level, but current action suggests that sellers are in control. A doji near the 0.0206 level at the end of the day may indicate indecision and could foreshadow a short-term pullback or continuation lower.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in bearish alignment, with the 20MA crossing below the 50MA in the late evening hours. Daily moving averages (50/100/200) also show bearish divergence, reinforcing the downward trend. The 50-day moving average currently sits at ~0.02115, which may act as a dynamic resistance. A break below the 100-day moving average (~0.0208) would likely signal the continuation of the bearish bias.

MACD & RSI

The MACD turned negative in the late evening and remains below zero, with the histogram showing declining bearish momentum. The RSI has dipped into oversold territory near 30, suggesting a potential short-term bounce. However, RSI divergence with price action indicates that bearish pressure may persist. Traders should watch for a RSI rebound above 35 for potential short-covering or a minor pullback, but a sustained move above 40 is needed to confirm a shift in momentum.

Bollinger Bands

Volatility has expanded significantly, with the upper and lower bands widening from ~0.0210 to ~0.0222 and ~0.0205. Price is currently near the lower band (~0.0206), indicating oversold conditions. However, the widening bands suggest that volatility is still building, and a breakout from the current range could occur in either direction. A sustained move above the upper band may indicate renewed bullish momentum, while a breakdown below the lower band could accelerate the decline.

Volume & Turnover

Volume spiked sharply during the intraday selloff from 0.0221 to 0.0206, with the largest volume spike occurring at 02:45 ET (volume ~1,012,252). Notional turnover followed a similar pattern, peaking at the same time. Price and volume action confirmed the bearish move, as higher volume came with declining prices. A divergence between volume and price would be a bullish signal, but for now, bearish momentum is well supported by volume.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing (0.0206 to 0.0221), key levels include 38.2% (~0.0212) and 61.8% (~0.0209). Price found resistance at the 38.2% level multiple times. The 61.8% level has now become a potential support area, and a bounce from this level may trigger a short-term rebound. On the daily chart, the 38.2% retracement from the recent high is at ~0.0213, and the 61.8% is at ~0.0207. These levels could become important in the next 24–48 hours.

Backtest Hypothesis

Given the bearish structure and confirmed break below key moving averages, a potential backtesting strategy could focus on shorting on a retest of resistance at 0.0212–0.0214 with a stop-loss above the 0.0216 level. A target for this short could be the next Fibonacci level at 0.0206 or the 50-day MA (~0.0208). If the RSI confirms oversold conditions and fails to break above 35, a mean-reversion trade on a pullback may also be considered. A successful short trade would require confirmation from both volume and price action, with a bearish divergence in the MACD reinforcing the trade signal.