Market Overview for Radworks/Tether (RADUSDT): Bullish Momentum and Divergence Concerns

Summary
• Price action shows a strong bullish reversal pattern near 0.301, followed by a sharp 10-hour rally.
• Volume surged 628x during a key 90-minute breakout, confirming buying pressure.
• RSI suggests overbought conditions after a 37% rebound from recent support.
• Bollinger Bands expanded during the rally, indicating rising volatility.
• Turnover diverged from price during late ET consolidation, hinting at reduced conviction.

RADUSDT opened at 0.304 on 2026-01-06 12:00 ET, hit a low of 0.300, and closed at 0.304 as of 2026-01-07 12:00 ET. Total volume reached 10,726,542.5, while turnover amounted to 3,237,564.39.

Structure and Key Levels

Price found a strong support level near 0.301–0.302 during the overnight session, marked by a bullish engulfing pattern. Buyers regained control, pushing price higher through 0.304 and 0.305, forming a bullish flag pattern. The 0.306–0.307 range appears to act as resistance with a small bearish doji forming on the 00:45–01:00 timeframe.

Momentum and Indicators

The 5-minute RSI surged into overbought territory during the early ET breakout, peaking at 72, signaling a potential pullback. MACD remained positive with a narrowing histogram, suggesting fading momentum. Fibonacci retracement levels show key resistance at 0.309 and 0.312 from the 0.300–0.349 move.

Volatility and Turnover

Bollinger Bands expanded significantly during the 9:00–9:30 ET breakout phase, reflecting heightened volatility. The highest notional turnover of $254,894.11 occurred during this period. However, a divergence appeared in the late ET hours—price action remained near highs while turnover declined, hinting at reduced conviction in the rally.

The market appears to be consolidating around 0.304–0.306 and may test the 0.310–0.312 resistance zone. Traders should watch for a close above 0.306 to confirm continuation, but be cautious of overbought conditions and divergences that could trigger a near-term correction.