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$RDNT is setting up for a move that could turn explosive if this triangle finally breaks upward.
Right now, price has been compressing inside a tight structure every candle pulling the spring tighter. This kind of compression often leads to sharp, one-directional moves once the breakout comes.
Here’s the setup I’m watching:
1. Structure — A clean ascending compression within the triangle, showing buyers are stepping in higher each time.
2. Breakout trigger If we get a decisive close above the triangle resistance with volume, momentum could kick in fast.
3. Targets First key area is clearly marked on the chart, but if buyers push through, there’s room for a much larger run.
4. Risk A fakeout back inside the triangle means the breakout wasn’t ready; patience is key.
The chart’s telling me one thing: energy is building. When that resistance gives way, RDNT could run hard and fast. This is the kind of setup traders wait for. Watching for ignition.