$RDNT IS AT A DECISION POINT

Price is still trapped inside a broader descending channel on the daily chart, so the higher timeframe bias stays bearish for now. What’s interesting is where we’re sitting. RDNT is consolidating inside the $0.0100 to $0.0115 supply zone, a level that has already rejected price multiple times. Sellers are clearly defending this area.

I’m watching this range closely. As long as price keeps getting rejected here, the downtrend structure remains intact and rallies are corrective. A clean daily close above this supply zone, along with a break of the channel resistance, is what changes the story. That’s the signal for a real trend shift, not noise.

Until that happens, this is pressure building inside a tight box. Break and close above it, momentum flips. Fail again, and bears stay in control.

This level decides everything.