$RLC /USDT short trade signal 🚦🛑
BEARISH BREAKDOWN — SUPPORT ZONE UNDER ATTACK!
After a strong rally, $RLC/USDT formed a classic rising wedge and has since broken down below the key neckline support near $1.200. The price is now hovering around the previous support block at $1.175, and failure to hold this level could trigger further downside pressure.
Trade Setup (Short):
Entry: $1.173 – $1.178
Take Profit: $1.140 / $1.110
Stop Loss: $1.200
Market Outlook:
Momentum has clearly shifted bearish with lower highs and consistent rejection from resistance. Unless bulls reclaim $1.20 quickly, the path of least resistance remains downward. This setup favors short traders with disciplined risk control.
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