$RDNT

RDNT
RDNTUSDT
0.01053
-6.56%

Technical Analysis: The currency $RDNT has been in a clear downward trend since September. A strong and sudden rebound occurred in mid-October, and then the downward trend returned to test a new low almost. The current price $0.01258 represents the lowest level in the visible timeframe. There is a recent green bullish candle (long lower wick) that may indicate a rebound attempt.


• Suggested buying areas (entry):

-Entry for speculation (rebound purchase): after confirming the current rebound, i.e., daily close above $0.01350.

- Strategic buying (trend reversal): after breaking the downward trend line and closing above the main resistance at $0.0200.


• Suggested sales areas (price targets/profit taking):

- Short target (rebound): at resistance level $0.0160 - $0.0170.

- Strategic target: return to the strongest resistance level at $0.0200 $0.0250.


• Suggested stop-loss:
-Below the recently recorded lowest low, around $0.0100.