$RLC is currently trading at $1.2260, down -5.61%, but the chart paints a bullish picture: • Price is retesting the ascending trendline and key horizontal support zone • The setup shows a possible spring pattern, where liquidity is swept before a major bounce • Bullish reversal expected as long as it holds above the $1.21–$1.22 support cluster
📊 Smart Long Setup:
✅ Entry Zone: $1.22–$1.23 🎯 Target Levels: $1.32, $1.38, $1.42 🛑 Stop Loss: Below $1.20 ⚡ Trendline + Structure Confluence: Strong base forming at key support
Fundamental Catalyst – Why RLC is a Buy
✅ AI-Driven Demand: iExec ($RLC) enables decentralized cloud computing, a high-demand niche in the growing AI + Web3 space ✅ Real Utility: Used for confidential data sharing, secure execution, and enterprise-grade compute power ✅ Strategic Partnerships: iExec has tech integrations with Intel, IBM, and supports trusted off-chain computation—real use cases, not hype ✅ Undervalued Gem: While AI narratives explode, $RLC trades at a fraction of its potential vs peers like $FET or $RNDR
📢 Final Word:
This is a high-conviction bounce zone for $RLC/USDT. With both the trendline and fundamentals aligned, this AI token could be primed for a strong recovery rally.