Market Overview for Radworks/Tether (RADUSDT) on 2025-10-06

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• Radworks/Tether (RADUSDT) opened at $0.64 and closed near $0.638, trading between $0.628 and $0.643 over the last 24 hours.
• The price consolidated near key support at $0.633, with a 38.2% Fibonacci retracement level aligning closely with this level.
• Volatility expanded in the afternoon as price tested $0.633–$0.638, with volume surging to ~100,000 units during key moves.
• RSI hovered near 50 throughout, suggesting a balance between bearish and bullish momentum, but no overbought/oversold extremes.
• Turnover spiked during late-night and early morning hours, indicating increased accumulation/distribution activity.

Radworks/Tether (RADUSDT) opened at $0.64 on 2025-10-05 at 12:00 ET, reached a high of $0.643, and closed at $0.638 by 12:00 ET the following day. Price moved between $0.628 and $0.643, with a total volume of 632,524.05 and a turnover of $410,360.32. The 24-hour session saw consolidation and minor bearish pressure, particularly in the late-night to morning hours, but no clear trend formation.

Key support emerged at $0.633–$0.635, with the 38.2% Fibonacci retracement aligning closely with this range. A bullish pinocchio candle formed during the early morning as price bounced off this level. Resistance levels are at $0.64 and $0.643, where the price briefly stalled on two occasions.

The 20-period and 50-period moving averages on the 15-minute chart were closely aligned around the mid-range of the daily range, indicating a lack of clear directional bias. MACD remained near zero throughout the session, with no strong divergence. RSI oscillated between 45 and 55, suggesting equilibrium. Bollinger Bands tightened during consolidation phases, particularly between 00:00 and 06:00 ET, followed by a moderate expansion as volume increased.

The most notable divergence occurred between 20:00 and 22:00 ET, when price moved lower while volume remained elevated—suggesting possible accumulation or distribution. The largest single candle occurred at 19:15 ET, with 52,713.4 volume and a high of $0.643, marking the session's peak.

The 61.8% Fibonacci level lies at $0.638, which was briefly tested and rejected. A bearish engulfing pattern formed on the 15-minute chart at 20:00 ET, signaling short-term weakness. A potential target for further support is at $0.628–$0.63, with a risk of a test of the 50-period MA if momentum shifts.

Looking ahead, traders may watch for a potential break of the $0.633–$0.635 support cluster. A breach could lead to a test of $0.628, with a counter-momentum reversal expected if price fails to hold above this level. Conversely, a strong close above $0.64 could signal renewed buying interest. Investors are advised to remain cautious due to the absence of a dominant trend and mixed volume signals.

Backtest Hypothesis
If a strategy is designed to enter short positions during bearish engulfing patterns occurring after a volume spike at key resistance (e.g., $0.64–$0.643) and target the 38.2% and 61.8% Fibonacci levels for exits, the recent 15-minute data shows this could have resulted in a short-term profit from the 19:15 ET peak to the 03:00–05:00 ET consolidation. A stop-loss placed at $0.645 would have protected against the late-day reversal. This approach assumes a risk-reward ratio of 1:1.5 and could be backtested for consistency across similar patterns in volatile micro-cap pairs.