$RLC /USDT – Relief Bounce on the Horizon? 🔥
Current Price: $1.192 (-5.32%)
After a sharp downtrend, $RLC is showing early signs of a minor bounce from the $1.15–$1.18 demand zone. Volume is stabilizing, suggesting potential for a corrective move.
📊 Market Structure:
Strong downward momentum, but slowing down
Forming a local base near the 24H low of $1.153
Potential for a short-term bounce or dead-cat rally
🔍 Key Levels:
Resistance: $1.225 / $1.260
Support: $1.153 (24H Low)
📈 Trade Setup – Bounce Play:
Entry Zone: $1.180 – $1.195
TP1: $1.225
TP2: $1.260
TP3: $1.282
Stop Loss: $1.145
💡 Pro Tip:
Don't overstay on bounce setups—trail your stop and lock profits quickly. This move is likely corrective unless confirmed with strong volume above $1.26.
Watch closely! RLC might surprise with a technical rebound before resuming trend.
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