$RAD SHORT AFTER THE SPIKE āšš $RAD exploded from $0.668 to $0.747 in a vertical move but that wick tells the full story. Price hit resistance and sellers immediately stepped in. The 15M chart now shows lower highs forming with volume fading, making this a prime setup for a short retracement play.
š Short Trade Setup:
ā¢ Entry Zone: $0.720 ā $0.725
ā¢ Take Profit 1: $0.701
ā¢ Take Profit 2: $0.684
ā¢ Take Profit 3: $0.669
ā¢ Stop Loss: $0.750
Momentum is slowing, and RSI likely overheated. Perfect setup for a fade back to mid-range support. Watch for confirmation with a bearish engulfing close.