Radworks/Tether Market Overview – October 31, 2025

• Price declined from $0.461 to $0.453 over 24 hours, with volatility clustering between $0.45–$0.46.
• Volume surged 6x above average in the final 4 hours, suggesting renewed interest.
• RSI and MACD indicate overbought conditions in the latter half of the day.
• Bollinger Bands expanded, signaling heightened near-term uncertainty.
• Spinning top and consolidation patterns suggest potential reversal risk ahead.

RADUSDT opened at $0.461 (12:00 ET–1) and closed at $0.453 (12:00 ET) on October 31, with a high of $0.465 and low of $0.443. Total volume reached 650,344.5, with a notional turnover of $290,577. Price action displayed a bearish bias in the first half of the day followed by a rebound in the final 8 hours.

Structure & Formations

Price found temporary support at $0.45–$0.453 multiple times, with a minor resistance forming at $0.457–$0.46. A spinning top appeared at $0.455, signaling indecision. A bullish engulfing pattern formed near the 23:45–00:00 timeframe, suggesting short-term reversal potential. A key consolidation pattern emerged from 08:00–12:00 ET as buyers tested resistance at $0.462–$0.464.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the final 2 hours, suggesting a short-term bullish bias. Daily MAs, including the 50, 100, and 200-period lines, all remain above the current close, indicating bearish pressure over the medium term.

MACD & RSI

The MACD histogram expanded positively in the final 4 hours, showing increased bullish momentum. RSI moved into overbought territory at 70–72 between 10:00–12:00 ET, suggesting a potential pullback. A bearish divergence in RSI during the 19:30–20:45 window hinted at exhaustion in the downward move.

Bollinger Bands

Bands widened significantly between 08:00–11:00 ET as volatility increased. Price closed near the upper band at 12:00 ET, indicating strong buying interest. A contraction occurred during 16:00–18:00 ET, suggesting a potential breakout or breakdown in the near term.

Volume & Turnover

Volume spiked to over 52,000 at 13:45 and 14:15 ET, coinciding with price breaking below $0.46. Turnover rose in tandem, with the highest notional value recorded during the 08:15–08:45 window. A divergence in volume and price occurred during 20:00–21:00 ET, where volume declined despite continued bearish price movement.

Fibonacci Retracements

A 61.8% retracement level from the recent $0.443 to $0.465 swing lies at $0.454–$0.455, which was tested multiple times and held. The 38.2% level at $0.457–$0.458 acted as a minor resistance during the 22:00–23:00 window. Daily swings showed a 50% retracement at $0.453, aligning with the current price.

Backtest Hypothesis

The backtest strategy centers on identifying Spinning-Top candlestick patterns and validating them with support-level confirmations. For the ticker “HOLD.P”, the system failed due to data unavailability. However, if validated on a correct ticker, the strategy could involve a 3-day holding period post-pattern confirmation. A backtest from January 1, 2022, to present would assess win/loss ratios, average returns, and drawdowns. This approach aligns with the recent volatility and pattern-based behavior seen in RADUSDT, particularly around consolidation and spinning-top formations.