Market Overview for Radworks/Tether (RADUSDT) on 2025-09-26

• Price fell 8.6% during a 24-hour period, from $0.602 to $0.564, with notable intraday swings.
• Momentum turned bearish as RSI dropped below 30, and volume spiked during the final hour of the 24-hour window.
• A sharp bearish divergence emerged between price and turnover, with turnover rising as price fell sharply.
• Key support was tested near $0.580, with a potential rebound visible near $0.590, forming possible near-term turning points.
• Volatility expanded near the close, with price falling outside of Bollinger Band thresholds during the final candle.

Opening Narrative and Summary

RADUSDT opened at $0.602 on 2025-09-25 at 16:00 ET, reaching a high of $0.604 and a low of $0.555 before closing at $0.564 at 12:00 ET on 2025-09-26. The 24-hour volume amounted to 910,264.9 and the notional turnover stood at $531,183.50, with the final hour accounting for over 70% of the total volume.

Structure & Formations

Over the 24-hour period, a key resistance cluster formed around $0.592–0.604, which failed to hold during the final hours of the session. A strong bearish engulfing pattern developed between $0.586 and $0.555 in the final candle, signaling a potential continuation of the downward trend. A doji appeared near $0.590, suggesting indecision around key support levels. The price found temporary support near $0.580 and $0.576, but failed to close above these levels, indicating bearish bias.

Support & Resistance Levels

Key support levels to watch include $0.576 (previous consolidation), $0.569 (Fibonacci 61.8% of the recent swing), and $0.564 (current close). Resistance levels at $0.580, $0.586, and $0.590 appear relevant for potential bounce setups.

Moving Averages

On the 15-minute chart, the price closed below both the 20-period and 50-period moving averages, reinforcing the bearish momentum. On a daily basis, the 50-period moving average sits just above $0.595, while the 200-period MA is at $0.592. These levels may act as overhead resistance or pivot points for a potential reversal.

Short-Term vs. Long-Term Alignment

The price is currently oversold on the short-term chart but remains below the longer-term averages, suggesting a continuation of the bearish bias in the near term unless a strong reversal pattern emerges.

Momentum & Indicators

The RSI fell below 30 during the final hours, confirming oversold conditions, though the MACD turned negative with a bearish crossover. Both indicators are pointing to increased bearish pressure and a likely extension of the current downtrend. The Bollinger Bands widened significantly in the final candle, indicating a potential exhaustion of selling pressure or a possible bounce from the lower band.

Volatility & Divergences

The final candle saw a dramatic volume surge of over 740,000 with a notional turnover of $531,000, while price closed near the session low. This divergence suggests bearish conviction, though caution is warranted as such spikes can also precede a reversal if support holds.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from $0.604 to $0.555, key retracement levels of 38.2% ($0.582) and 61.8% ($0.569) are now in play. The price closed just below $0.569, which may offer a pivot level for potential short-term bounces.

Backtest Hypothesis

Given the bearish bias and the confirmation of overbought conditions by RSI and the bearish MACD crossover, a backtest strategy could focus on a short entry below the 38.2% Fibonacci level ($0.582), with a stop above $0.586 and a target at $0.574. Volume divergence in the final candle also supports the hypothesis, making it a viable setup for testing.