$RDNT /USDT – BEARISH SLIDE CONTINUES WITH WEAK BOUNCES
RDNT is currently trading at $0.02287, down -8.59%, after getting rejected from the $0.02513 high. The price is lingering near the 24h low of $0.02233, showing weak buyer interest and maintaining a strong bearish structure.
KEY LEVELS TO WATCH:
Support:
$0.02233 (24h low, immediate support)
$0.02150 (next demand zone if breakdown confirms)
Resistance:
$0.02320 (short-term intraday resistance)
$0.02400–$0.02513 (strong supply zone and breakdown origin)
TRADE SETUP – SHORT POSITION
Entry: $0.02280–$0.02310 (ideal rejection zone or weak bounce)
Take Profit (TP):
TP1: $0.02233
TP2: $0.02150
TP3: $0.02030 (if bearish momentum accelerates)
Stop Loss (SL): $0.02400 (above short-term resistance)
RISK MANAGEMENT:
Risk 1–2% per position. Stick to SL and avoid chasing. Enter only on confirmation (e.g., 15m/1h candle rejection)
NOTE: Volume remains high on red candles. A break below $0.02233 could trigger another wave of selling. Bearish bias stays intact
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