$RAD — Sharp Spike Into Resistance | Pullback Likely ⚠️
$RAD just printed a fast vertical spike straight into a well-defined resistance zone, and price is already showing hesitation. This kind of move often invites profit-taking and mean reversion, especially with momentum cooling off near the highs.
Why this setup favors shorts:
Parabolic push into resistance (low sustainability)
No solid base formed above current levels
Sellers likely to defend this zone aggressively
Risk–reward favors downside continuation on rejection
Trade Setup (Short):
🔻 Entry: 0.300 – 0.312
⛔ Stop Loss: 0.323
🎯 TP1: 0.288
🎯 TP2: 0.275
🎯 TP3: 0.260
If price fails to reclaim and hold above resistance, the pullback targets remain in play. Manage risk, take partials on the way down, and don’t chase.
Not financial advice — trade responsibly.
$RAD #CryptoTrading #ShortSetup #PriceAction #Altcoins #BinanceSquare