๐ $RDNT /USDT on the Rise โ Is a Breakout Imminent? โก๐ฏ
$RDNT /USDT is catching traders' eyes as it climbs an impressive +33.89%, reaching $0.0565. This surge suggests renewed interest and potential momentum for further gains in the short term. Here's what to watch next!
๐ Current Market Insights:
24-Hour High: $0.0616 โ A breakout above this level could signal more upside.
24-Hour Low: $0.0415 โ The base from which this rally began.
7-MA (Hourly): $0.0570 โ Indicates short-term bullish momentum.
๐ฏ Key Targets for Traders:
1. First Target: $0.0616 โ Retesting this recent high is crucial for confirming the next move.
2. Second Target: $0.0680 โ If bullish momentum holds, expect a push towards this area.
3. Extended Target: $0.0750 โ Breaking past here could open doors to more aggressive upward moves.
๐ป Support Levels:
Initial Support: $0.0520 โ Essential for holding current gains; a drop below could signal consolidation.
Strong Support: $0.0488 (25-MA) โ Losing this level may shift momentum back to bears.
โ ๏ธ Trading Tip: Monitor volume closely; an increase could validate the next leg up, while low volume may imply caution. Always set stop-loss orders to manage potential pullbacks.
Can $RDNT /USDT push through and reach its upper targets, or will resistance cap the current rally? Keep these levels on your radar! ๐๐ฅ
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