🚨💥 ALERT: RDNT/USDT ON THE 4-HOUR CHART – BULLISH ACTION! 💥🚨
RDNT/USDT has shown substantial bullish momentum, gaining over 26% in the last trading session. The price has surged significantly and is currently consolidating near its recent highs. This could signal either a continuation of the bullish trend or a possible pullback to lower levels.
Current Price: 0.0579
Entry Price for Long Trades: 0.0585 (with confirmation of breakout)
Entry Price for Short Trades: 0.0560 (if signs of rejection appear)
💡 CRITICAL Levels to Watch: 🚧 Key Resistance Zone: 0.0616 – A breakout above this level could fuel further bullish momentum and attract more buyers. 📉 Immediate Support Level: 0.0550 – Holding above this support is essential for maintaining upward pressure. 📉 Secondary Support Level: 0.0500 – A breach below this could signal a more significant pullback.
🎯 Take-Profit Targets for Long Positions:
1. First Target: 0.0600
2. Second Target: 0.0650
3. Third Target: 0.0700
🔻 Stop-Loss Level for Long Positions: 0.0530 – To limit downside risk, keep this level in mind.
⚠️ Cautionary Note: Watch for potential consolidation around the 0.0616 resistance level. If RDNT fails to break through with volume confirmation, this could indicate a temporary retracement or sideways movement. Ensure to monitor trade volume and price action closely to confirm trends and avoid false breakouts or sudden reversals.
