Market Overview for Radiant Capital/Tether (RDNTUSDT): Volatility, Breakouts, and Reversal Signals

• Price surged 12.2% amid heavy volume spikes, breaking key resistance.
• RSI and MACD signal bullish momentum, with price above 20/50-period SMAs.
• Volatility expanded, with Bollinger Bands widening, and price near upper band.
• Downturn observed in late session, with bearish reversal patterns forming.
• Fibonacci retracement at 61.8% becomes key support to watch for consolidation.

Radiant Capital/Tether (RDNTUSDT) opened at $0.02034 on 2025-10-09 at 12:00 ET and closed at $0.02150 on 2025-10-10 at 12:00 ET, with a high of $0.02512 and a low of $0.02100. Total volume over the 24-hour window was 184,527,945.0 tokens, with notional turnover at $4.72 million, reflecting heightened interest and volatility.

The 15-minute chart shows a sharp breakout beginning at 19:30 ET, where the price surged past the 0.02300 level with a candle close of 0.02296, indicating strong bullish momentum. This breakout was supported by a volume spike of 81,021,817.0 tokens, the largest of the day. The price then retested the 0.02230 support before forming a series of bearish reversal patterns—most notably a shooting star at 22:15 ET and a bearish engulfing pattern at 03:15 ET on 2025-10-10. These patterns suggest a potential near-term top and increased bearish pressure.

The 20-period and 50-period SMAs on the 15-minute chart show a bullish cross, with the 50-SMA rising above the 20-SMA, reinforcing the short-term bullish outlook. On the daily chart, the 50/100/200 SMAs indicate a mixed signal—while the 50-day SMA is above the 100-day SMA, the 200-day SMA remains a critical long-term resistance. Price is currently above all three, indicating a potential continuation of the upward trend if the recent bearish pullback does not hold.

The RSI on the 15-minute chart reached overbought levels of 65–70, peaking at 72 at 19:45 ET, followed by a sharp drop to 55 by 03:15 ET. This suggests that the recent bullish momentum is waning. The MACD line showed a positive crossover at the height of the breakout but has since diverged from price as bearish pressure mounted, indicating a potential momentum shift. Bollinger Bands expanded significantly during the breakout, with price reaching the upper band and then retreating back toward the mean. This suggests a possible consolidation phase if price stabilizes around the 0.02250–0.02275 range.

Fibonacci retracements drawn from the recent high of 0.02512 and low of 0.02100 indicate key levels for potential support and resistance. The 61.8% retracement at 0.02333 is currently acting as a minor resistance, while the 38.2% retracement at 0.02222 appears to have held during the evening pullback. This implies that a successful retest of the 0.02222 level could confirm a consolidation phase ahead, while a break below it may trigger a retest of the 200-day SMA as a key longer-term support.

Backtest Hypothesis
Given the observed breakout and bearish reversal patterns, a potential backtest strategy could involve entering a short position at the close of the bearish engulfing pattern at 03:15 ET, with a stop-loss above the 0.02275 resistance level (upper Bollinger Band) and a target at the 61.8% Fibonacci retracement of 0.02233. This trade would align with the MACD divergence and bearish RSI divergence, both of which signal weakening bullish momentum. A long position could also be considered at the 38.2% retracement if the asset retests and holds the 0.02222 level, confirming a potential base before resuming the upward trend.