Hey traders! Let’s dive into this 4-hour RDNTUSDT chart.
Radient Capital is setting up a classic pattern that could signal a big move!
We’re seeing an inverted head and shoulders forming, with the price breaking above the resistance of Wedge around $0.2290. The "head" bottomed out near $0.1590, with the shoulders forming at higher lows.
If this pattern plays out, we could see a bullish surge targeting $0.2650 and higher!
However, if the breakout fails, we might see a pullback to the shoulder low at $0.2160 or even the support at $0.1974.
Key Levels to Watch:
Resistance: $0.2650
Support: $0.2160 (shoulder)
Breakout Target: $0.2650+
Breakdown Risk: $0.1974
Is RDNT ready to soar, or will this breakout fail? Drop your thoughts below!