Here’s a clear technical analysis of $RLC /USDT (iExec) on the 4H timeframe.

📊 RLC/USDT – 4H Market Overview

MetricValueCurrent Price$1.191 (-1.50%)High/Low (4H)$1.232 / $1.190Buy Level$1.177 (Strong Buy Zone)Sell Level$1.176 (Active Sell Pressure)Resistance$1.294, $1.350, $1.414, $1.450Support$1.119, $1.100, $1.053

🔍 Price Structure & Trend

📉 Trend: Short-term bearish bias (lower highs + recent red candle near support).

🔁 Consolidation Zone: $1.17 – $1.23 → Price is ranging, waiting for breakout.

🚨 Support Zone: $1.176–$1.177 is critical — marked BUY ZONE, possibly defended by bulls.

⚠️ Resistance at $1.294+ is acting as TP (Take Profit) from prior bounce attempts.

📐 Key Levels to Watch

🟢 Support Levels

LevelDescription$1.177–$1.176Immediate support + bounce risk zone$1.119Breakdown buffer zone — risky zone below$1.053Stronger support from earlier structure lows

🔴 Resistance Levels

LevelDescription$1.232Recent 4H high / mid-resistance$1.294TP zone (take-profit likely)$1.350–$1.414Strong upper resistance cluster$1.450Upper range high — breakout confirmation level

⚙️ Potential Trade Setups

✅ Bounce Play (Long)

Entry: $1.177 (strong support level)

Stop: $1.115

Target 1: $1.232

Target 2: $1.294

R/R: ~2.5x–3x (good long setup near key support)

🔻 Breakdown Play (Short)

Entry: Below $1.170 with volume

Target: $1.119, then $1.053

Stop: Close above $1.185–$1.190

Invalidation: Reclaim of $1.20+

🧠 Strategy Insights

The tight range and buy/sell zones at $1.177–$1.176 signal a crucial decision level — a bounce or breakdown is imminent.

Watch for volume increase and RSI divergence if testing below $1.17.

A break above $1.294 would signal momentum shift toward $1.35+.

Would you like this setup visualized with chart zones or integrated into a multi-token watchlist strategy?

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