⚠️ $RLC – Breakdown Confirmed! Retest or Further Fall? 📉

$RLC just slipped below the crucial $1.21 neckline of a Head & Shoulders pattern — a classic bearish signal now playing out!

After a powerful rally to $1.245, price reversed and broke the neckline, triggering downside pressure. It's now testing the demand zone near $1.17 — a must-hold level to avoid deeper drops.

Key Levels: • Resistance: $1.21 (neckline retest)

• Support Zone: $1.165 – $1.175

• Pattern: Head & Shoulders breakdown

Trade Setup:

• Entry: $1.175

• TP1: $1.150

• TP2: $1.120

• TP3: $1.080

• SL: $1.210

Watch for bounce signs or further breakdown — both setups are in play!

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