💎 RDNT has undoubtedly captured our attention. Recently, RDNT achieved a successful breakout from the falling wedge pattern. Currently, it's in a critical phase, potentially retesting the recently breached boundary of the wedge.
💎 If RDNT forgoes the retesting and ascends directly to challenge the local resistance, breaking it and Probability could lead to a smooth journey towards higher supply zones.
💎 However, should RDNT face rejection at the resistance frontier, it might retreat to nearby support levels to regroup and build new momentum.
💎 A concerning scenario would unfold if RDNT's breakout turns out to be deceptive, leading to a downward turn. If it revisits the demand zone and fails to garner buying support, breaking through this area could set RDNT on a path of continued descent, targeting the next significant support zone.