MonoCoinSignal

Strong Positive Move with Key Levels of Resistance and Support

BINANCE:RADUSDT   RAD / TetherUS
RAD is a stock that has increased by 22.89% in the past 24 hours and is currently trading at $2.235. On the daily timeframe, the stock has broken through the 0.5 Fibonacci level at $1.861 and may approach the 0.618 Fibonacci level at $1.377 if it continues to trend upward. The stock is trading close to its upper Bollinger band at $2.305 and may encounter resistance at this level. The middle Bollinger band at $1.824 may provide support if the stock begins to pull back. The RSI at 70.38 indicates that the stock may be overbought, while the stochastic oscillator at 42.25 suggests that it is starting to approach overbought territory. The EMA 50 at $1.881 may act as a key level of support on the hourly timeframe, while the 24-hour high at $2.910 and low at $1.932 may provide resistance and support levels, respectively.

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