๐$RAD / USDT Technical Analysis ๐
The $RAD / USDT pair is currently trading at $1.269, reflecting a 3.00% increase in the last 24 hours. Here's a closer look at the 15-minute chart:
๐ Key Highlights:
24h High: $1.29424h Low: $1.194Volume: 2.90M RAD, equivalent to 3.62M USDT.Moving Averages (MA):MA(7): 1.262MA(25): 1.259MA(99): 1.247
The price shows a strong bullish momentum, crossing above the 7-period moving average (yellow line) and 25-period moving average (pink line), indicating a potential upward trend. The MA(99) (purple line) serves as a long-term support, with prices rebounding near $1.232 earlier in the session.
๐ฅ Bullish Indicators:
The candles are forming higher highs and higher lows after breaking out from the support zone around $1.25.A sharp spike in the 15-minute chart signals increased buying pressure as the price approaches the $1.294 resistance.
๐ Key Levels to Watch:
Resistance: $1.294 โ breaking this could open the path toward $1.30+.Support: $1.252 โ if the price retraces, this level may provide a strong foundation.
๐ Conclusion:
RAD/USDT shows promising momentum for short-term gains, supported by strong buying volumes and bullish crossover signals. As always, manage risk carefully and watch for confirmation above key resistance levels before entering trades!
๐ฌ Whatโs your prediction for RAD? Are we heading for a new high or a pullback? Share your thoughts below!