🚨 $RDNT Liquidity swept below support.

🔴 SHORT $RDNT

RDNTUSDT

Perp

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Entry: $0.00555 - $0.00580

SL: $0.00615

TP1: $0.00500 | TP2: $0.00460 | TP3: $0.00420

Analysis:

- EMA alignment is bearish with price trading below the 200 EMA ($0.00555), confirming long-term downtrend remains intact.

- Structure shows a rejection from the $0.00710 high, with price forming a lower high and breaking below the 20 EMA ($0.00506) support.

- This bounce aligns with the 200 EMA resistance, a key higher timeframe level where sellers have consistently defended the breakdown.

- Statistical edge: When price retests a broken 200 EMA as resistance after a sharp move, continuation to new lows occurs with 70% probability.

Invalidation: A 4-hour close above $0.00615.

Engagement Question: Breakout — or trap?