Market Overview for RDNTUSDT (Radiant Capital/Tether)

Summary
• Price declined sharply from $0.01132 to $0.01017, forming bearish engulfing patterns.
• Volatility expanded during the 21:45–22:00 ET window with a low of $0.01056.
• RSI indicates oversold conditions near $0.01017, suggesting potential near-term reversal.
• Bollinger Bands show a widening range, reflecting increased uncertainty and trading range expansion.
• Turnover spiked above $90k during the breakdown, confirming bearish momentum.

Radiant Capital/Tether (RDNTUSDT) opened at $0.01128 on 2026-01-02 12:00 ET, hit a high of $0.01137, fell to a low of $0.01017, and closed at $0.01027 on 2026-01-03 12:00 ET. Total volume reached ~43.7 million, with notional turnover exceeding $457,000.

Structure & Formations

Price action showed a bearish trend, with key support levels forming around $0.01037–0.01025 and $0.01017–0.01016. A bearish engulfing pattern formed during the breakdown from $0.01118 to $0.01109, signaling strong bearish sentiment. A doji appeared around $0.01056–0.01057, hinting at indecision in the short term.

Moving Averages

On the 5-minute chart, the 20-period moving average moved below the 50-period line, reinforcing bearish momentum. On the daily chart, the 50-period MA now sits above the 100 and 200-period lines, suggesting a potential intermediate-term bear trend.

Momentum Indicators

The MACD turned negative and crossed below the signal line, confirming bearish momentum. RSI dropped to ~27, indicating oversold conditions and a potential bounce from $0.01017.

Bollinger Bands

Price touched the lower Bollinger Band on multiple occasions, with the widest expansion occurring during the 21:45–22:00 ET period. The bands widened significantly, suggesting increased volatility and uncertainty.

Volume & Turnover

Volume surged during the breakdown from $0.01126 to $0.01075 and again around the 0.01017 level. Notional turnover spiked to ~$91,424 during the 21:45–22:00 ET 5-minute interval, confirming the strength of the bearish move.

Fibonacci Retracements

On the 5-minute chart, price found support at ~38.2% ($0.01056–0.01057) and ~61.8% ($0.01017). On the daily chart, the 50% retracement of the recent upswing lies around $0.01032–0.01045, suggesting a key area for potential consolidation.

RDNTUSDT appears to have broken key support levels with confirmation from volume and momentum indicators. A near-term bounce may occur from the $0.01017–0.01016 zone, but risks remain if the price fails to retest these levels and continues lower. Investors should monitor volume at key Fibonacci and Bollinger Band levels for further confirmation.