$RLC Trade Setup – Bounce from Demand Zone, Targeting $1.29
$RLC/USDT just rebounded off the $1.140 low after forming a strong demand zone, showing a potential for a bullish reversal. Price is attempting a push back toward the previous supply zone around $1.29.
📊 Current Chart Insights:
Entry Zone: $1.170 – $1.176
Stop-Loss: Below $1.119 (in case of failed breakout)
Take Profit (TP): $1.294 (previous resistance zone)
Risk Zone: "Market Can Pull Back" highlighted below $1.14
If momentum holds above $1.17, this bounce could lead to a strong leg up into the $1.29 zone.
$RLC
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