Market Overview for Radworks/Tether (RADUSDT)

Summary
• Price traded in a tight range between $0.304–$0.311, with support near $0.304 and resistance forming at $0.309–$0.311.
• A bullish engulfing pattern formed at $0.307 in late night trading, suggesting short-term buying interest.
• Volatility expanded in the last 6 hours, with volume increasing above 50,000 units and turnover rising $13,000+.
• RSI hovered near 55, indicating balanced momentum without overbought or oversold signals.
• MACD crossed into positive territory, suggesting potential for a short-term upward bias ahead.

Opening Summary

Radworks/Tether (RADUSDT) opened at $0.306 on 2026-01-10 at 12:00 ET and closed at $0.308 on 2026-01-11 at 12:00 ET. The 24-hour high was $0.311, low $0.304, and total volume reached 219,878.7 units, with notional turnover of $66,741.46.

Structure & Support/Resistance

The price has shown a strong magnetism to $0.306–$0.307, with multiple closes and opens clustering in this range. A key support level appears to be forming at $0.304, where price tested twice without breaking below. Resistance is consolidating at $0.309–$0.311, with a bearish reversal candle observed at $0.311 in early afternoon trading.

Moving Averages and Momentum

Short-term 5-minute moving averages (20/50) show a bullish crossover in the last 2 hours, aligning with a rise in volume and price above $0.307. RSI has moved above 55, reflecting moderate bullish momentum, while MACD turned positive, supporting the idea of a potential rally attempt.

Volatility and Volume

Bollinger Bands have widened in the last 6 hours, coinciding with increased volatility and volume spikes over 50,000 units. Notably, a large bullish engulfing pattern at $0.307 was accompanied by strong volume, signaling potential for a short-term push higher. Turnover and volume moved in tandem, indicating strong directional conviction.

Bullish and Bearish Bias

Fibonacci levels on the most recent 5-minute swing suggest $0.306 as a key 38.2% retracement and $0.309 as a 61.8% level, aligning with resistance. If price can hold above $0.307, it may continue testing upper bounds. A retest of $0.304 would test the strength of the support zone.

Forward Outlook and Risk

Looking ahead, a break above $0.309 could see price test $0.311, but a failure to hold above $0.306 would likely trigger a pullback. Investors should remain cautious and watch for confirmation candles or breakdowns at key levels, as volatility remains elevated and could trigger sharp reversals.