$RDNT coin, which is a DeFi token, is currently trading at $0.00974 (Rs 2.72) and has shown a marginal gain of +0.83% in the last 24 hours.
Sentiment is slightly positive, especially when looking at the order book, which indicates that buyers have a slight advantage (56.09%). Resistance, or the first major obstacle above, is around $0.00976-0.00977**. If this level is crossed, the next target could reach **$0.00996 and then $0.01042.
Support, or the strong base below, is observed in the area of $0.00967-0.00969. Moving averages are also close to the price, indicating that the market is in a consolidation phase. The performance of DeFi tokens is closely linked to the overall ecosystem. If you believe that there could be a recovery in the DeFi sector, this could be a potential accumulation zone. Just watch for that radiant breakout!
