Market Overview for Radworks/Tether (RADUSDT): Consolidation and Fading Momentum on Christmas Eve

Summary
• Price consolidated in a tight range between 0.258 and 0.265 amid fading momentum.
• A large bullish 5-minute candle at 18:45 ET propelled the price to a 24-hour high of 0.271.
• Volume spiked sharply during the breakout but failed to sustain the rally, raising bearish signals.
• RSI and MACD indicate potential oversold conditions, hinting at a possible near-term bounce.
• Bollinger Bands show a recent expansion, reflecting increasing volatility and indecision.

Radworks/Tether (RADUSDT) opened at 0.261 on 2025-12-23 at 12:00 ET, reached a high of 0.286, a low of 0.258, and closed at 0.26 on 2025-12-24 at 12:00 ET. Total volume over 24 hours was 4,024,660.4, with a notional turnover of approximately $1,047,000.

Structure and Candlestick Formations

The price action displayed a key 5-minute bullish breakout at 18:45 ET with a high of 0.271 and a closing of 0.27. This was followed by a bearish reversal candle at 19:00 ET, forming a potential shooting star pattern. A key support level appears to be forming at 0.260–0.261, which has held on several occasions as the price retraced lower.

Moving Averages and Momentum

On the 5-minute chart, the price tested below the 20 and 50 SMA lines during the afternoon, signaling weakening short-term momentum. The 50-period EMA acted as a temporary support but failed to hold as the price continued to retreat. RSI dipped into oversold territory by the early hours of 24th, suggesting potential for a near-term rebound.

Bollinger Bands and Volatility

The Bollinger Bands expanded significantly during the breakout at 18:45 ET, reflecting increased volatility. The price later retracted to the lower band, indicating a bearish bias. The recent widening of the bands points to increased uncertainty in the market, possibly due to end-of-week positioning and reduced liquidity around the Christmas holiday.

Volume and Turnover Analysis

Volume surged during the bullish breakout but rapidly declined after, with a large volume spike at 18:45 ET (356,506.5) and a smaller one at 19:00 ET (158,758.5). This divergence between volume and price suggests fading conviction in the upside. Turnover was uneven, with the highest notional value recorded in the 18:45 and 19:00 ET candles.

Fibonacci Retracements

The 0.26–0.271 swing saw a retest of the 38.2% Fibonacci level at 0.265, which failed to hold, leading the price back to 0.260. On a daily chart, the 0.258–0.269 range indicates that the 61.8% retracement level at 0.262 could be a key near-term pivot.

While the market appears to be entering a period of consolidation, the oversold RSI and the failure to break above 0.265 may hint at a short-term rebound. Investors should remain cautious, as low liquidity during the Christmas holiday could amplify volatility.