The $RDNT /USDT 15-minute chart reveals a trading price of 0.0585, representing a 31.17% increase, indicating significant bullish momentum.
The 24-hour high stands at 0.0616 and the low at 0.0445, showing notable price fluctuations. The RSI at 78.88 suggests that the asset is currently overbought, signaling potential caution for traders considering new entries.
The key resistance level to watch is at 0.0616, where a break above could confirm continued upward momentum. On the downside, the support level is seen at 0.0551, which could act as a safety net against price pullbacks.
An entry around the current price of 0.0585 may be considered for those already in bullish positions. Take-profit targets should be placed incrementally for secure profit-taking, with TP1 at 0.0600, TP2 at 0.0616, and TP3 at 0.0630.
A stop-loss at 0.0540 is advisable to protect against unexpected downturns. This setup allows for a careful approach that balances potential gains with disciplined risk management.