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Crytpotraders

RDNT/USDT Breakout this resistance, Easy Movement to the target!💎 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.
by MyCryptoParadise

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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