📊 RAD/USDT Chart Analysis & Prediction 🚀

1. Overview of RAD/USDT Trend 📈

RAD/USDT is showing a strong upward trend, currently trading at $1.379 with a notable 12.57% increase. The 4-hour chart highlights a recent spike to $1.840, followed by a slight pullback to $1.380. This indicates bullish momentum, though the pair may be in a consolidation phase.

2. Key Indicators 🔍

‱ Bollinger Bands: RAD/USDT is trading near the upper Bollinger Band at $1.485, showing high volatility. The bands have widened, which typically signals increased price action.

‱ RSI (Relative Strength Index): The RSI(6) is 75.793, indicating overbought conditions. This could suggest potential for a correction or consolidation before another rally.

‱ MACD: The MACD histogram shows signs of weakening bullish momentum, as indicated by the slight decrease in MACD bars.

3. Support & Resistance Levels đŸ› ïž

‱ Support: Strong support lies at $1.248. If price corrects, this level could be a good area to watch for a potential bounce.

‱ Resistance: The recent high at $1.840 acts as a major resistance. If this level is broken, it could signal another rally.

Doc’s Prediction 🔼

Given the current indicators and bullish sentiment, RAD/USDT could aim to test $1.600 in the short term if it sustains momentum. However, watch for potential consolidation around $1.380 before a breakout attempt towards higher levels.

$RAD

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