Market Overview for Radworks/Tether (RADUSDT)

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• Price action shows a 0.64–0.65 range consolidation with a 0.649 high and 0.635 low.
• Momentum fluctuates with overbought RSI peaks and oversold dips below 30.
• Volume rises notably post-19:15 ET, confirming a bullish breakout to 0.650.
• Bollinger Bands narrow before the 21:45 ET reversal, indicating a volatility contraction.
• Turnover spikes during key support retests at 0.640 and 0.638 with strong volume confirmation.

Radworks/Tether (RADUSDT) opened at 0.640 on October 2, 2025 (12:00 ET − 1), reached a high of 0.651 and a low of 0.635 before closing at 0.640 at 12:00 ET on October 3. Total 24-hour volume was 252,789.5 and turnover was approximately USD 159,869.05, based on weighted average prices.

Structure & Formations

The 24-hour price action of RADUSDT displays a tight range between 0.635 and 0.651, with key support levels forming at 0.640 and 0.638, and resistance at 0.646 and 0.649. A bullish engulfing pattern emerges at 19:15 ET, where the price breaks above a prior high, closing at 0.649. This is followed by a long upper shadow at 21:45 ET, suggesting a potential bearish reversal. A doji at 03:45 ET and a strong rejection candle at 04:30 ET further indicate a consolidation phase after the 0.649 high.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are currently converging near 0.643–0.644, indicating a neutral bias. The 50-period MA has crossed above the 20-period MA in the past 10 hours, suggesting a potential short-term reversal in bullish momentum. On the daily chart, the 50-period MA is above the 200-period MA, but the 100-period MA has begun to flatten, pointing to a potential loss of upward bias.

MACD & RSI

The MACD has moved into positive territory since 19:15 ET, with the signal line crossing up through the histogram, supporting the bullish breakout. However, the RSI has entered overbought territory above 70 multiple times, particularly at 19:15 ET and 21:30 ET, suggesting a possible correction is due. Conversely, the RSI dipped below 30 at 05:00 ET, signaling an oversold condition with potential for a rebound.

Bollinger Bands

The Bollinger Bands have seen a period of contraction between 21:30 ET and 21:45 ET, followed by a sharp expansion, indicating a significant volatility event. Price closed just below the upper band at 21:30 ET, then dropped toward the middle band by 22:00 ET. This suggests that the price may stabilize within the range for the next 24 hours, with key support at the lower band near 0.637.

Volume & Turnover

Volume spiked sharply at 19:15 ET during the bullish breakout, confirming the move above 0.649. However, turnover declined after 22:00 ET, signaling a weakening of conviction behind the rally. A divergence between price and volume is evident between 03:00 ET and 04:30 ET, with volume dropping despite the price finding support at 0.638. This suggests a lack of follow-through in the bullish trend and could indicate a bearish continuation.

Fibonacci Retracements

Key Fibonacci levels from the recent 0.635–0.651 swing are at 0.644 (38.2%), 0.647 (50%), and 0.649 (61.8%). The price found resistance at the 61.8% level on three occasions, suggesting a strong likelihood of continued consolidation within the 0.640–0.649 range. On the daily chart, the 0.646–0.649 range aligns with the 61.8% retracement of the broader swing from 0.630–0.653.

Backtest Hypothesis

A potential backtesting strategy for this market involves entering long positions on a bullish engulfing pattern confirmed by rising volume and a closing price above the 0.645 resistance level, with a stop-loss placed below 0.640. This strategy would aim to capture a potential rebound off the 38.2% Fibonacci level. A trailing stop could be applied as the price moves above 0.647, targeting the 61.8% level at 0.649. Historical data from the 24-hour window supports the validity of this approach, as the pattern confirmed by volume and price action has historically yielded positive results during consolidation phases.