RDNT/USDT currently navigating within an ascending channel !!

💎 RDNT has been a standout in the market, currently navigating within an ascending channel formation pattern. This pattern is guiding RDNT towards an upward movement as it approaches a significant resistance area.

💎 Historically, this resistance level has proven to be quite formidable for RDNT. A breakthrough at this resistance could signal a shift to bullish momentum, potentially leading RDNT towards our identified bearish OB target area.

💎 However, if RDNT struggles to progress towards the resistance or fails to break through it, there's a possibility it could retreat back to the support trendline area, which coincides with a key demand zone. This demand area becomes crucial in such a scenario.

💎 For RDNT to maintain its bullish trajectory, a strong bounce from this demand level is essential. Failure to sustain this level could indicate a reversal to a bearish trend, potentially leading RDNT towards a stronger support area.