$RAD $RAD

RAD/USDT Technical Analysis – Price: 1.653

RAD is currently trading at 1.653, presenting an intriguing setup for traders. The price has recently shown strength, holding above key support levels, and is now approaching critical resistance zones.

Support & Resistance Levels:

Support Zone: The immediate support is located at 1.60. If the price dips back to this level, it could offer a solid buy opportunity, especially if the market shows signs of a rebound.

Resistance Zone: The 1.70 area stands as the key resistance. A break above this level could signal the start of a bullish trend, with potential targets around 1.80 or higher.

Trend Outlook:

Bullish Momentum: The price has remained above the 50-period MA, indicating an overall bullish sentiment. A breakout above 1.70 would confirm a continuation of this momentum.

RSI (Relative Strength Index):

With RSI around 55, there's still room for further upside potential, but traders should be cautious of overbought conditions near resistance.

Entry Strategy:

Consider entering near 1.60 for a low-risk buy, placing stop-loss just below the support. Wait for confirmation above 1.70 to capitalize on a breakout.

💡 Key Levels to Watch:

Support: 1.60

Resistance: 1.70

Monitor price action closely as RAD shows promising upward movement, but keep your risk management intact!

#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone #SuiHitsNewATH #Write2Earn!