## 📊 RAD (Radworks) - Technical Overview
### Current Market Data
| Metric | Value |
|--------|-------|
| **Current Price** | $0.2388 - $0.243 |
| **24h Change** | -0.02% to +1.23% |
| **Market Cap** | ~$11.9M - $14.4M |
| **Circulating Supply** | ~49.8M - 59M RAD |
| **Max Supply** | 100M RAD |
| **All-Time High** | ~$27.70 |
### Key Technical Indicators
| Indicator | Value | Signal |
|-----------|-------|--------|
| **14-Day RSI** | 48.24 | ➖ Neutral |
| **50-Day SMA** | $0.2506 | 📉 Price Below |
| **200-Day SMA** | $0.4061 | 📉 Price Well Below |
| **Fear & Greed Index** | 15 | 😰 Extreme Fear |
| **Volatility** | 2.24% | Medium-Low |
### Support & Resistance Levels (Pivot-Based)
🔴 Resistance:
R3: $0.2454 (Strong)
R2: $0.2438
R1: $0.2411 (Near-term ceiling)
🟢 Support:
S1: $0.2367 (Immediate)
S2: $0.2351
S3: $0.2324 (Strong support zone)
### Moving Average Signals Summary
| Timeframe | SMA Signal | EMA Signal |
|-----------|-----------|-----------|
| Daily (Short) | Mixed (BUY on 10/21-day) | Mostly SELL |
| Daily (Long) | SELL (50/100/200-day) | Strong SELL |
| Weekly | Mixed | Mostly SELL |
### Why RAD May Show Relative Strength During Market Downturns:
1. **Top Developer Activity**: RAD leads governance tokens in GitHub activity per Bitrue analysis, signaling strong protocol development that attracts long-term holders regardless of market cycles.
2. **Low Liquidity = Lower Beta**: With only ~$2.7M daily volume and $12M market cap, RAD is less exposed to large institutional outflows that drive major altcoin declines.
3. **Governance Token Niche**: As a pure governance/utility token for decentralized code collaboration, RAD's value proposition is decoupled from DeFi yield farming or meme speculation cycles.
4. **Neutral RSI Position**: At ~48 RSI, RAD isn't overbought like many tokens that correct sharply in risk-off environments.
⚠️ **Risk Note**: Long-term moving averages remain strongly bearish; a break below $0.2324 support could accelerate downside.