If you're looking to short a runaway rally right now, stop before you blow your account.
Too many traders lose money trying to pick the exact top of an explosive move, only to get completely liquidated by another unexpected leg up.
There is a growing camp calling for an immediate reversal on
$RLC simply because the recent pump looks overextended. But fighting strong momentum without confirmed rejection usually ends badly.
$RLC continues to show high volatility backed by serious liquidity, turning the $1 mark into a crucial psychological battleground.
When you zoom out to the 1D chart, there is virtually no clear major resistance sitting right above this zone. Jumping into a counter-trend position just because price feels high is gambling, not trading. Sometimes the most profitable decision you can make in altcoins like
$FET or $AGIX is simply sitting on your hands and letting the trend play out.
Do you think
$RLC pushes cleanly through $1, or is the breakdown coming sooner than expected?
#RLC #Crypto #Altcoins