💎 RDNT has been a standout in the market, displaying significant volatility and movement. Recently, after creating a Bullish trap and reverting to its supportive bullish trendline, RDNT experienced a notable bounce.
💎 Currently, it is poised to challenge the resistance area once again. A successful breakout and closure above this resistance could signal a strong upward trajectory for RDNT, potentially leading it to our identified bearish OB target area.
💎 However, should RDNT face rejection at this critical resistance juncture, it may indicate a negative trend reversal. A failure to sustain momentum and a breakdown below the supportive bullish trendline could signify a shift back to bearish territory.
💎 In such a scenario, RDNT may find itself descending towards the strong demand area, a significant level to watch for potential support and market response. This pivotal moment at the resistance level will be crucial in determining RDNT's market direction and its ability to maintain a bullish stance or succumb to bearish pressures.
💎 Currently, it is poised to challenge the resistance area once again. A successful breakout and closure above this resistance could signal a strong upward trajectory for RDNT, potentially leading it to our identified bearish OB target area.
💎 However, should RDNT face rejection at this critical resistance juncture, it may indicate a negative trend reversal. A failure to sustain momentum and a breakdown below the supportive bullish trendline could signify a shift back to bearish territory.
💎 In such a scenario, RDNT may find itself descending towards the strong demand area, a significant level to watch for potential support and market response. This pivotal moment at the resistance level will be crucial in determining RDNT's market direction and its ability to maintain a bullish stance or succumb to bearish pressures.
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.