$RDNT is experiencing a healthy correction after the recent bullish move, which allows the market to consolidate and remove weak positions. Corrections like this help build a stronger foundation for the next upward move.
Trade Setup:
Entry Zone: $0.0125 – $0.0126
Target 1: $0.0129
Target 2: $0.0132
Stop Loss: $0.0123
I’m watching this zone closely because it aligns with previous support around $0.01256 and coincides with the 0.5 Fibonacci retracement of the recent swing. They’re building strength here, and if this level holds, RDNT could see a solid bounce toward the targets.
$1.2774K worth of shorts were liquidated at $0.01256, signaling strong buying support and reinforcing this key area.
#CPIWatch #CryptoRally #WriteToEarnUpgrade #BinanceBlockchainWeek
RDNT
0.01205
+2.81%