Technical Analysis of $RAD
/USDT🔥💯
Current Price: 1.351 USDT
24h High: 1.425 USDT
24h Low: 1.270 USDT
24h Change: +1.20%
Trend Analysis: The price is currently in a slight upward momentum with a bullish correction after reaching the 1.270 support level. If the price continues above 1.35, the upward movement could resume toward higher resistance levels.
Support Levels:
First Support: 1.270 (recent low)
Second Support: 1.285 (stable consolidation point)
Resistance Levels:
First Resistance: 1.381 (previous resistance zone)
Second Resistance: 1.425 (24h High)
Trade Signal with Three Target Levels 🎯
1. Target 1 (Buy Signal): 1.365 USDT
Trade Setup: Buy near the current price, aiming for a near-term bullish breakout past resistance.
Risk/Reward: Target 1.365 for short-term profits. Stop loss below 1.270 for protection.
2. Target 2 (Intermediate Target): 1.400 USDT
Trade Setup: Buy or hold position with a small push after breaking past 1.375 resistance. Look for strength in momentum.
Risk/Reward: Adjust stop-loss to break-even after reaching Target 1.
3. Target 3 (Long-Term Target): 1.425 USDT
Trade Setup: Hold position towards the higher target if bullish momentum remains strong, targeting a retest of 24h highs.
Risk/Reward: Watch for pullback risk as price approaches 1.425.
Trade Momentum:
Bullish: The market is experiencing upward pressure, but a close watch is needed for potential resistance at 1.381 and 1.425 levels. There is room for further upward movement if the trend holds.
Caution: Watch for any signs of price dropping back to support levels (1.270-1.285) for potential re-entry or exit.
This setup indicates a short-term bullish momentum with clear targets based on recent market data.
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