Analysis and Recommendation
#تابعني_لحصولك_علي_المزيد_من_المعلومات
$RAD /USDT - Momentum Breakout Trade
Current Price: $0.666
24-hour Trading Range: Low of $0.628 - High of $0.667
24-hour Trading Volume: 2.81 million SAR
Trading Settings (Buy):
• Entry Price: Above $0.665 (Momentum Confirmation)
• Target 1: $0.675
• Target 2: $0.690
• Stop Loss: $0.640
Analysis:
The Saudi Riyal has shown strong momentum rising from $0.628 to $0.667, forming a long green candle on the 15-minute chart. This indicates strong buying interest after a period of consolidation. The trading volume supports this movement, making it more reliable.
If the bulls maintain control above $0.665, the price may extend towards the $0.675-$0.690 zone. On the downside, failure to hold above $0.640 may result in a price pullback to the support level of $0.628.
Currently, the short-term trend appears bullish, and traders are watching to see if momentum will push the RAD indicator into the breakout area of $0.70.
Buy and Trade Here
