🔍 RDNT Analysis – Bearish Breakdown With Weak Momentum 🔍
💸 Radiant Capital (RDNT) is a cross-chain lending protocol built on LayerZero. Price action confirms a bearish breakdown below key support, with fading momentum.
📈 Technical Analysis
- Trend: Bearish short-term
- Support: $0.02100
- Resistance: $0.02400
- Signal: RSI near 31; breakdown from horizontal range
- Volume: $49,619 – moderate but declining
- Outlook: Bearish unless $0.02400 is reclaimed
📰 Market Data & News
- Price: $0.02215
- 24h Change: -2.8%
- No major headlines; protocol remains active in omnichain lending
🔄 Scenario Breakdown
- Bullish Case: Reclaiming $0.02400 with volume could target $0.02650
- Bearish Case: Drop below $0.02100 may lead to $0.01900
- TP/SL Logic: TP at $0.02650 / SL at $0.02080
📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak momentum
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
RDNT #OmnichainLending