Analysis for the trade $RDNT /USDT with entry points:
1. Key Technical Levels #RNDT
- Current price: $0.02848 (+23.29%)
- Support:
- $0.02800 (EMA7)
- $0.02694 (EMA25)
- $0.02412 (EMA99)
- Resistance:
- $0.03116 (previous local maximum)
- $0.03445 (strong sell zone)
- $0.03700 (maximum for 24h)
2. Balance of Forces (Order Book)
- Buyers:
- Large orders at $0.02833–0.02848 (up to 173K RDNT at $0.02833)
- Sellers:
- Massive walls at $0.02849–0.02874 (up to 162K RDNT at $0.02864)
Conclusion: Sellers control the area above the current price, but there is support at $0.02800–0.02840.
3. Indicators and Trend
- EMA:
- Price above EMA7, EMA25, and EMA99 — bullish trend.
- MACD:
- DIF (0.00088) < DEA (0.00096), histogram negative — weakening momentum.
- Volumes:
- 24h: 1.30B RDNT ($37.14M USDT) — high liquidity.
- Current volume (30M) exceeds the average (MA5 24M) — interest remains.
4. Trade Scenarios
🔵 Long (Buy)
- Entry point: $0.02800–0.02840 (pullback to EMA7).
- Confirmation:
- Bounce from the level + volume increase (>40M).
- Take Profits:
- TP1: $0.03116 (50%).
- TP2: $0.03445 (30%).
- TP3: $0.03700 (20%).
- Stop-loss: $0.02690.
🔴 Short (Sell)
- Entry point: $0.03116–0.03445.
- Confirmation:
- Rebound from resistance + decrease in volume.
- Take Profits:
- TP1: $0.02840 (60%).
- TP2: $0.02694 (40%).
- Stop-loss: $0.03500.
5. Risk Management
- Risk per trade: ≤1% of deposit.
- R/R ratio: 1:3 for long, 1:2 for short.
- For long: Move SL to $0.02950 at TP1.
6. Summary
- Priority: Longs on pullbacks to $0.02800–0.02840 with volume confirmation.
- For short: Only on a clear rejection from $0.03116–0.03445.
- Critical: High volatility (+23.29%) requires caution.
