Technical Analysis: RDNT/USDT increasing market ๐จ๐๐๐จ๐๐จ๐จ๐จ
Current Price:0.0590 USDT
Trend:Bullish
Time Frame:4h
Indicators:
- RSI (14): 73.21 (overbought)
- MACD (12, 26): bullish crossover
- SAR (0.02, 0.2): support at 0.0539
Chart Patterns:
- Uptrend channel
- Higher highs and higher lows
Targets:
1. Short-term:0.0616 (previous high)
2. Medium-term:0.0650 (next resistance)
3. Long-term:0.0750 (Fibonacci extension)
Stop-loss:0.0415 (below support)
Recommendation:Buy/Long (caution: overbought conditions)
Risk Management:3-5% risk per trade
Note:This analysis is for informational purposes only and should not be considered investment advice.
Binance Trading Data:
- 24h High: 0.0616
- 24h Low: 0.0415
- 24h Vol (RDNT): 399.44M
- 24h Vol (USDT): 20.58M
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