RDW has been trading within a defined range between $9.75 and $11.85. On Monday, the token faced rejection at the $11.85 resistance level, failing to break above this key barrier. The same day, it couldn't confirm a close above the 200-day moving average, eventually pulling back below it by Tuesday's close. Despite this short-term weakness, RDW remains positioned above its shorter-term moving averages, which could serve as critical support zones if sellers regain control and push prices lower.