Wrapping up the day and analyzing evening momentum in the Infrastructure sector! The RAD (Radworks) trading pair is showing positive momentum on the daily timeframe, gaining +18.71% and trading at 0.330 USDT (after a local surge to the daily high of 0.344 USDT and a low of 0.276 USDT).
What the technical picture on the chart shows:
Price action and structure: The asset formed a strong green candle after a series of corrective days, attempting to recover from local lows (the previous impulse began near 0.245 USDT). Recall that the local peak previously reached 0.436 USDT.
Trading volume: Daily turnover stands at 3.36 million USDT (with a volume of 11.20 million RAD), indicating that buyers are gradually returning.
Technical outlook:
MACD: The indicator is trading around the zero line (DIF: 0.014, DEA: 0.015, MACD: -0.001), setting up for a possible reversal.
RSI(6): Registered at 66.75, indicating moderately bullish sentiment without critical overbought conditions.
⚠️ Evening trading as the trend recovers calls for discipline. Use stop-losses, manage risk, and take profits in stages!
💬 How was your day? Do you think the rebound in RAD marks the start of a new impulse? Share your thoughts in the comments, and have a great evening! 👇
#BinanceSquare #RAD #Radworks #cryptotrading #Infrastructure #TechnicalAnalysis
