$RAD just delivered a strong impulsive move, breaking out from the accumulation zone near 0.25 and reaching a local high around 0.39. The current price is hovering near 0.32, showing a healthy pullback after a sharp rally.
🔹 Market Structure:
The breakout candle came with high volume, confirming bullish strength. As long as RAD holds above the 0.30–0.31 zone, the structure remains bullish.
🔹 Indicators:
• RSI (6) is around 73, indicating overbought conditions — a short-term consolidation or pullback is normal.
• MACD shows strong bullish momentum, with histogram expansion after a clear bullish crossover.
🔹 Key Levels:
• Support: 0.30 – 0.28
• Resistance: 0.36 – 0.39
A clean break above 0.39 could open the door for further upside continuation.
🔹 Bias:
Short-term: Consolidation / pullback expected
Mid-term: Bullish continuation if support holds
⚠️ After such a rapid move, patience is key. Waiting for a retest or confirmation is safer than chasing the pump.
Not financial advice. Always manage risk.