š„š„š„š$RAD /USDT Technical Analysis & Trade Signal
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Current Price: $1.329
Key Support Level: $1.217
Key Resistance Level: $1.387
Trade Signal:
Trend: Bullish (Current price shows positive momentum, supported by a +5.23% increase in the last 24 hours).
RSI: Neutral (RSI around 50, indicating no overbought or oversold conditions currently).
MACD: Bullish crossover (suggesting potential upward momentum).
Volume: 7.22M USDT in 24h, showing healthy trading activity.
Trade Targets šÆ:
1. Target 1: $1.345 (Immediate Resistance Level)
Price has been testing this level in the past few hours; a break above it could lead to further upside.
2. Target 2: $1.360 (Next Key Resistance)
If the market maintains its bullish momentum, this level could act as the next resistance point.
3. Target 3: $1.387 (24h High)
The price has recently touched this level and could test it again if the momentum continues.
Momentum Overview:
Bullish Momentum: The price action is currently in a positive trend, breaking above the $1.32 resistance and showing strength.
Entry Point: Consider entering around $1.325 if the price consolidates around the support level or breaks above $1.335 for better risk/reward ratio.
Stop Loss: Set your stop-loss just below $1.217 to manage risk if the market reverses.
Conclusion:
The RAD/USDT pair shows a solid bullish trend with increasing volume and strong momentum. A break above the immediate resistance levels could push the price towards the next targets. Keep an eye on volume and market sentiment for confirmation before entering trades.
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