$RAD is showing a cautious/bearish setup in the current market. The token remains highly volatile, so momentum can change quickly.
📉 Trend: Bearish unless RAD breaks above its recent resistance. 🔴 Resistance: Watch the latest swing high; a strong daily close above it could trigger a recovery. 🟢 Support: The recent swing low is the key level—losing it could lead to another leg down. 📊 Momentum: Buyers need increasing volume to confirm a bullish reversal. 🎯 Outlook: Neutral-to-bearish in the short term; a breakout with strong volume would improve the setup.
Trading idea: Avoid chasing a move. Wait for either a confirmed breakout above resistance or a clear bounce from support.#RAD #CryptoStartupsRaise$11.2BInH1
📉 Trend: Bearish unless RAD breaks above its recent resistance. 🔴 Resistance: Watch the latest swing high; a strong daily close above it could trigger a recovery. 🟢 Support: The recent swing low is the key level—losing it could lead to another leg down. 📊 Momentum: Buyers need increasing volume to confirm a bullish reversal. 🎯 Outlook: Neutral-to-bearish in the short term; a breakout with strong volume would improve the setup.
Trading idea: Avoid chasing a move. Wait for either a confirmed breakout above resistance or a clear bounce from support.#RAD #CryptoStartupsRaise$11.2BInH1