🚀📈 RAD/USDT: $0.2610 (+24.88%)
**SETUP TYPE: Pullback Continuation**
RAD is absolutely flying today, up nearly 25% on strong volume, clearly showing significant bullish momentum. However, it's currently pulled back from its daily high of $0.2900, now sitting at $0.2610. This retracement offers a potential opportunity for a continuation play if it finds solid support and prepares for another leg up. My focus is on catching a retest of a previous resistance level that should now act as robust support, giving us a good base for the next push higher.
**ENTRY ZONE**
I'm looking for an entry between $0.2500 and $0.2550. This zone is critical because it represents a previously established intraday resistance level just before RAD broke out to its daily high. A successful retest and bounce off this area would confirm a flip to support, signaling strength and a likely resumption of the uptrend. I'll be watching for clear bullish candlestick confirmation on lower timeframes once price enters this range.
**STOP LOSS**
My stop loss will be placed precisely at $0.2440. A sustained break and closure below this level, especially on a 1-hour timeframe, would completely invalidate the immediate bullish structure. It would suggest that the pullback is deeper than anticipated, likely leading to a larger correction towards the daily open or even the $0.2080 daily low. Protecting capital is non-negotiable, so I'm out if we hit this.
**TARGETS**
Target 1 (Conservative): $0.2900. This is the current 24-hour high and represents the most immediate overhead resistance. Taking partial profits here is a smart move, as price could face significant selling pressure or even form a double top before deciding its next move.
Target 2 (Extended): $0.3200. If RAD breaks through $0.2900 with...
**SETUP TYPE: Pullback Continuation**
RAD is absolutely flying today, up nearly 25% on strong volume, clearly showing significant bullish momentum. However, it's currently pulled back from its daily high of $0.2900, now sitting at $0.2610. This retracement offers a potential opportunity for a continuation play if it finds solid support and prepares for another leg up. My focus is on catching a retest of a previous resistance level that should now act as robust support, giving us a good base for the next push higher.
**ENTRY ZONE**
I'm looking for an entry between $0.2500 and $0.2550. This zone is critical because it represents a previously established intraday resistance level just before RAD broke out to its daily high. A successful retest and bounce off this area would confirm a flip to support, signaling strength and a likely resumption of the uptrend. I'll be watching for clear bullish candlestick confirmation on lower timeframes once price enters this range.
**STOP LOSS**
My stop loss will be placed precisely at $0.2440. A sustained break and closure below this level, especially on a 1-hour timeframe, would completely invalidate the immediate bullish structure. It would suggest that the pullback is deeper than anticipated, likely leading to a larger correction towards the daily open or even the $0.2080 daily low. Protecting capital is non-negotiable, so I'm out if we hit this.
**TARGETS**
Target 1 (Conservative): $0.2900. This is the current 24-hour high and represents the most immediate overhead resistance. Taking partial profits here is a smart move, as price could face significant selling pressure or even form a double top before deciding its next move.
Target 2 (Extended): $0.3200. If RAD breaks through $0.2900 with...