$RLC Testing the $1 Barrier

$RLC is trading at $0.993, up +6.78% today, showing strong recovery momentum after dipping to $0.916......

Despite recent downtrends over the past weeks (-11.9% in 30D, -17.4% in 90D, -23.8% in 180D), today’s rebound highlights renewed buyer strength.

Bullish Trade Setup

Entry Zone: $0.985 – $0.995

Target 1: $1.02

Target 2: $1.06

Target 3: $1.10

Stop Loss: $0.95

Bullish Signals

Strong Daily Recovery: +6.8% bounce from oversold conditions.

Volume: Nearly 1M RLC traded in 24H, supporting the rally.

Order Flow: Balanced (Buy 46% vs Sell 54%) – a breakout above $1.00 could flip momentum fully bullish.

Chart Pattern: A potential double bottom around $0.92–$0.94 zone, now breaking upward.