$RDNT
TECHNICAL ANALYSIS – CONSOLIDATION BEFORE BREAKOUT? 🔍📉
$RDNT is currently trading at $0.02131, showing slight recovery from the 24h low of $0.02031. Price action is consolidating between support at $0.02030 and resistance at $0.02170, hinting at a possible breakout. A close above $0.02170 could trigger bullish momentum, targeting $0.02250 and $0.02330. However, if the support breaks, we may revisit $0.01980.
🔹Trade Setup:
Long Entry: $0.02140
Target 1: $0.02250
Target 2: $0.02330
Stop Loss: $0.02020
💡 Risk Management: Use 2-3% of your capital per trade and always stick to your stop loss.