Analysis $RAD
D/USDT: Strong Momentum After Breakout
RAD
1.307
+33.36%
RAD is currently trading at $1.177, up +18.41% in the past 24 hours, with a high of $1.277 and a low of $0.912. The sharp upward move indicates strong buying momentum.
Key Levels to Watch:
Resistance: $1.277 – A break above this level could push prices towards $1.35.
Support: $1.10 – Holding this level is crucial to maintain the bullish momentum.
Trade Setup:
Long Entry: Above $1.18, targeting $1.25 and $1.35.
Short Entry: Below $1.10, targeting $1.00 and $0.95.
Market Insights:
The RSI at 67.76 indicates overbought conditions are approaching, but the upside momentum remains intact.
The MACD is pointing up, supported by increasing volume on the move higher.
Watch these levels closely for potential breakout opportunities or correction signals.