The RDNT Relief Bounce Is A Trap

Entry: 0.01225 ๐ŸŸฉ

Target: 0.01170 ๐ŸŽฏ

Stop Loss: 0.01275 ๐Ÿ›‘

Do not chase this $RDNT bounce. This is the definition of a relief trap. Price is struggling hard against the 0.01220 resistance zone, confirming that buyers are not committed. Volume is low, momentum is weak, and sellers are using this small rally to offload their bags. With $BTC showing uncertainty, the fundamentals for $RDNT are simply not strong enough to push through this key level. We are shorting the top of this range. If resistance holds, expect a rapid move down to secure TP1.

Risk is inherent in trading. Manage your size.

#RDNT #Scalping #Alts #CryptoTrading #ExitLiquidity

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RDNT
RDNTUSDT
0.0119
+0.59%

BTC
BTCUSDT
92,527.9
+1.80%