🔴 SHORT

$RLC /USDT

Technical Analysis:

RLC/USDT is currently facing resistance around the 1.2300 level, with a downward trend on the 4-hour chart. The recent rejection at this zone indicates strong selling pressure, and the RSI is hovering near overbought levels, signaling potential for further downside. Additionally, the MACD is starting to roll over, suggesting a weakening bullish momentum, which aligns with the broader market sentiment.

Entry Points:

1.1927

1.2284

Take Profit Targets:

1.1857

1.1605

1.1353

1.1101

Stop Loss: 1.2678

Leverage: 10x (isolated)

🚨 Always manage your risk effectively and stick to your strategy.