$RLS is consolidating after a sharp rejection from the 0.0153 top
Price saw a strong impulse move followed by a fast pullback into the 0.0132 demand zone where buyers defended well. Current price action shows tight consolidation which usually signals balance before the next move. Momentum is neutral to slightly bullish but needs confirmation.
Preferred Buy Area
0.0138 – 0.0133
Upside Levels
TP1 0.0145
TP2 0.0153
TP3 0.0162
Risk Line
0.0130
As long as RLS holds above the 0.0133 support zone the structure remains constructive. Sideways consolidation here can fuel a breakout toward previous highs. A clean break below 0.0130 would weaken the setup and open room for deeper downside before recovery.
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RLSUSDT
Perp
0.014556
+1.84%
