Market Overview for Radworks/Tether (RADUSDT)

Summary
• Price action shows consolidation near 0.294–0.296 resistance cluster on 5-minute chart.
• Volume spiked during 00:30–00:45 ET with large bearish reversal candle.
• RSI indicates overbought levels in the morning session, followed by bearish divergence.
• Bollinger Bands widened after early breakouts, showing increased volatility.
• Fibonacci retracement levels suggest possible support at 0.289–0.291 during pullbacks.

Radworks/Tether (RADUSDT) opened at 0.287 on 12:00 ET–1, hit a high of 0.296, a low of 0.286, and closed at 0.297 by 12:00 ET. Total 24-hour volume was 287,369.9, with a notional turnover of approximately $84,196.

Structure and Key Levels

Price remained in a tight trading range of 0.286–0.296 for most of the session, forming a consolidation pattern. A strong bullish reversal candle at 10:00 ET pushed price toward the upper Bollinger Band and Fibonacci 0.618 level. A bearish engulfing pattern emerged at 00:30 ET, signaling potential short-term reversal. The 0.294–0.296 level continues to act as a strong resistance zone, while 0.289–0.291 appears to offer solid support during retracements.

Trend and Momentum

The 20-period and 50-period moving averages on the 5-minute chart show a bullish crossover late morning, aligning with the price breakout. MACD turned positive in the final hours, supporting the bullish bias. RSI hit overbought territory near 0.296, then declined sharply after 01:00 ET, suggesting bearish momentum may return.

Volatility and Volume Dynamics

Volatility expanded following the 00:30 ET bearish reversal and continued through the morning session. Price traded within Bollinger Bands for most of the session, but widened bands indicate elevated uncertainty. Volume spiked during key price reversals, particularly at 00:30 and 10:00 ET, supporting pattern validity. Turnover confirmed bullish moves but diverged from price in the early morning, suggesting mixed sentiment.

Looking ahead, price may test the 0.296–0.298 resistance zone or retrace to 0.291–0.294. Investors should monitor for a potential break of the 0.296 level as a bullish signal or a retest of 0.289 as a potential support hold. As always, volatility can shift quickly in crypto, and caution is warranted in a range-bound environment.