๐ $RLC /USDT โ Tight Squeeze Near Resistance! ๐งจ๐
$RLC is currently trading at $0.917 (+0.99%), bouncing back toward the 99 EMA ($0.920) after finding strong support near $0.887. The price printed a 24H high of $0.923, and bulls are preparing for a possible breakout.
๐ Technical Breakdown (1H Chart):
โข EMA(7): $0.911 โ
โข EMA(25): $0.906 โ
โข EMA(99): $0.920 โ (key resistance zone)
โข 24H High/Low: $0.923 / $0.887
โข Volume: 351.8K RLC | $318K USDT
๐ฏ Trade Setup:
โข Entry: $0.910 โ $0.918
โข TP1: $0.923 (retest high)
โข TP2: $0.935
โข TP3: $0.947
โข SL: Below $0.896
๐ก RLC is showing bullish structure with EMAs aligned and price squeezing under resistance.
A breakout above $0.923 could trigger a momentum move โ watch for volume confirmation! ๐