$RDNT has witnessed a slight decline of -1.096% over the past 24 hours.
The price has fluctuated between a low of 0.0204 and a high of 0.02132.
Currently, the Bollinger Bands indicate constricted volatility, with the upper band at 0.02120 and the lower at 0.02043.
Support is established at 0.0204 while resistance sits at 0.02132, revealing a tight trading range.
Given the overall downtrend, this market environment suggests weak bullish sentiment.
With Bitcoin's influence remaining undefined, RDNT's movements appear driven more by its intrinsic factors than Bitcoin's.
Traders would benefit from a short-term approach, capitalizing on the current volatility while remaining cautious.
The key takeaway is that RDNT's price action may present short-lived opportunities, urging close monitoring of support levels.
