Market Overview for Radworks/Tether (RADUSDT)
Summary
• Price action showed consolidation between 0.304 and 0.308, failing to break above key resistance.
• Low RSI readings signaled oversold conditions, but no strong reversal patterns emerged.
• Bollinger Bands narrowed toward the end of the 24-hour window, hinting at potential volatility.
• Volume spiked during the 21:15–21:30 ET window, coinciding with a price rally toward 0.308.
• Fibonacci retracements suggest 0.304 as strong support and 0.308 as a critical resistance level.
24-Hour Snapshot
RADUSDT opened at 0.307 on 2026-01-03 12:00 ET, reached a high of 0.308, traded as low as 0.304, and closed at 0.305 on 2026-01-04 12:00 ET. Total 24-hour volume was 578,265.0, with turnover amounting to 176,352.47.
Structure & Key Levels
Price remained confined within a tight range between 0.304 and 0.308 for most of the 24 hours, with no decisive breakouts. A bearish engulfing pattern emerged at 21:45 ET after a failed attempt to sustain above 0.308. Resistance at 0.308 and support at 0.304 were tested multiple times.
A key 61.8% Fibonacci retracement level at 0.304 acted as a floor for the final 3 hours of the period.
Momentum and Volatility
The RSI dipped below 30 early in the session but failed to trigger a meaningful bounce, suggesting a lack of conviction in the oversold area. MACD remained near the zero line, with no clear bullish or bearish divergence. Bollinger Bands showed a gradual contraction during the final 3 hours, pointing to potential volatility.
Volume and Turnover
Volume spiked during the 21:15–21:30 ET session as price moved toward 0.308, but failed to confirm a breakout. Turnover remained consistent around 1,500–1,700 units per 5-minute interval, with no sharp divergence between volume and price.
Forward Outlook
With key support at 0.304 holding and resistance near 0.308 in focus, a breakout or breakdown may drive the next leg. Traders should monitor for a potential reversal pattern or a decisive move outside the 0.304–0.308 range. As always, sharp moves remain possible in a volatile market.
Decodificar los patrones de mercado y descubrir estrategias de negociación rentables en el ámbito de las criptomonedas.
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