【$RDNTUSDT】Don't get fooled, here's the real data

$RDNTUSDT On the four-hour level, price has directly broken through the upper Bollinger Band, RSI surged to 74.55, with buy orders clearly overheated. During the liquidity-depleted period in the early weekend hours, the sustainability of this rally needs to be questioned. The one-hour MACD histogram has already started to contract, with bullish momentum fading. The order book data is quite interesting—sell orders have accumulated massive pending orders above 0.006478, exceeding 1.19 million, while buy depth is thin, a typical upside resistance structure. The negative funding rate of -0.1132% is still expanding, shorts are being squeezed but haven't surrendered; instead, they're doubling down. At this position, the risk-reward ratio for chasing the rally is extremely poor. Don't catch the falling knife, wait for stabilization.
Watch near the current price of 0.006467, absolutely no chasing rallies. If the price can pull back and hold steady at the previous volume area of 0.00547-0.00534, then consider a light long position. Defense must be placed below 0.0050. The first target above is 0.00736, reduce position by half upon reaching it, and bet the rest on 0.0083.
Check real-time chart 👇 $RDNTUSDT
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