$RLC is currently holding firm above a strong support zone at $1.149, which has been tested multiple times and consistently defended by buyers. The recent price action suggests a potential bullish reversal, as the market consolidates near this base. This structure, along with previous bounce behavior, indicates a favorable long opportunity with low downside risk.
If the $1.149 support continues to hold, a bullish move is likely.
Potential upside targets are:
• TP1: $1.172
• TP2: $1.182
• TP3: $1.190 (Resistance)
A confirmed bounce with increasing volume would add strong conviction to the setup.
Buy and Trade here on $RLC