$RLC
RLC/USDT (iExec RLC) highlights a strong short-term breakout move.
Price Action: +7% intraday move → now testing $1.08 resistance.
Structure: Consistent higher lows + rising bullish volume = breakout potential.
Timeframe: 1H chart showing early trend acceleration.
Entry Zone: $1.06 – $1.07 → buy near breakout level.
Take Profit 1 (TP1): $1.12 → aligns with minor resistance from past price action.
Take Profit 2 (TP2): $1.18 → near key supply zone; profit lock-in area before $1.20 psychological level.
Stop Loss (SL): $1.02 → beneath recent support, limiting downside risk.
A confirmed candle close above $1.08 on strong volume could lead to rapid continuation.
If $1.08 becomes new support, price may push into the $1.15–$1.18 range quickly.
RSI/Volume divergence: Watch for exhaustion signals if price stalls at TP1.
trade here $RLC