$RDNT / USDT - Price Analysis: Bullish Setup đ
Despite the bearish momentum on lower time frames, this appears to be a strong area for bulls đ
- H4 chart shows the third test of the uptrend
- Falling wedge pattern forming
- Weekly support retest
- Golden pocket support zone
- Daily SSA retest
The risk/reward ratio looks promising, as the price continues consolidating around a key support area.
đĄ Key resistance to watch:
The wedge trend and the $0.0750 - $0.0760 zone.
đ A bullish breakout and reversal seem likely.
đš Invalidation occurs with a daily close below $0.0700 and a breakdown of the uptrend.
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