$RLC
1.074
+6.44%
/USDT Strong Bullish Rally In Motion Towards Potential Bounce.!๐ฏ๐
$RLC is reclaiming strength with strong gains, bouncing cleanly from sub-$1.00 zones. This infrastructure gem is setting up for a continuation rally as it claws above key moving averages.
Entry:
Buy zone: $1.03 to $1.06 โ consider scaling in near $1.04 on volume dips
Targets:
๐ฏ Target 1: $1.12 โ previous high and intraday supply
๐ฏ Target 2: $1.19 โ weekly resistance and possible breakout trigger
๐ฏ Target 3: $1.28 โ macro rally extension if momentum sustains
Stop Loss:
Below $0.97 โ under key support and daily trend line
Key Levels:
Support: $0.97 and $0.93
Resistance: $1.12 and $1.19
Pivot: $1.05 โ if it holds on 1H closes, bullish trend likely continues
Pro Tip:
Watch the volume-to-price ratio. A surge through $1.07 on above-average volume would likely confirm strength toward $1.12. Avoid chasing spikes โ trade pullbacks with confirmation.
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