🚀 #Radworks ($RAD ) at a Pivotal Moment—Breakout or Pullback? 🚀
#Radworks ($RAD ) is currently navigating a narrow trading range, suggesting a significant move may be imminent! 📈🔥
🔹 Current Price: $0.7507
🔹 24H Change: +2.3% 🚀
🔹 Volume: Increasing, indicating growing interest
🔹 RSI: 55-60 (Bullish but not overextended)
🔹 Moving Averages:
50-MA: Serving as immediate support
200-MA: Positioned above, awaiting breakout confirmation
🎯 Key Levels to Monitor:
✅ Resistance Points:
$0.7744 – Initial barrier
$0.8000 – Potential breakout zone
$0.8250 – Strong bullish extension
✅ Support Zones:
$0.7208 – Short-term cushion
$0.7000 – More robust base
📊 Market Analysis:
🔷 Price Action:
RAD has been forming higher lows, suggesting a bullish accumulation phase. However, a decisive break above $0.8000 is needed to confirm sustained upside momentum.
🔷 Volume Surge:
The recent increase in trading volume indicates heightened investor interest, which often precedes a breakout.
🔷 RSI and Momentum:
With the RSI between 55-60, there is room for further upside before reaching overbought conditions. If RSI surpasses 70, caution is needed as a retracement could follow.
🔷 Moving Averages & Trend Confirmation:
The 50-MA acting as support is a positive sign, but RAD needs to break past the 200-MA to confirm a full trend reversal.
🧐 Potential Scenarios:
✅ Bullish Case: If #RAD clears $0.8000 with strong volume, the next target is $0.8250+, potentially leading to further gains.
⚠️ Bearish Case: If #RAD fails to hold $0.7208, a retest of $0.7000 may occur before another attempt at a breakout.
📢 Will RAD break past $0.8250 or stay range-bound? Drop your predictions! 🚀🔥
buy and trade $RAD coin here 👇