📉 $RLC /USDT – Potential Relief Rally Forming?
💰 Current Price: $1.192 (-5.32%)
Following a steep drop, $RLC is beginning to stabilize within the $1.15–$1.18 demand zone. Early signs of buyer interest and flattening volume suggest a short-term corrective bounce may be in play.
📊 Technical Overview:
📉 Trend: Bearish pressure fading after sharp decline
📍 Structure: Building a base around 24H low ($1.153)
📈 Momentum: Weak recovery signals possible dead-cat bounce
📌 Key Price Zones:
🔼 Resistance:
• $1.225
• $1.260
🔽 Support:
• $1.153 (24H Low)
📈 Bounce Trade Setup:
✅ Entry Range: $1.180 – $1.195
🎯 TP1: $1.225
🎯 TP2: $1.260
🎯 TP3: $1.282
🛑 Stop Loss: $1.145
💡 Pro Tip:
Treat this as a tactical bounce—ideal for quick scalps. Watch for a confirmed move above $1.26 on strong volume to consider any deeper trend reversal. Keep your stop tight and manage risk actively.
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