$RLC USDT BEARISH BREAKDOWN – PRICE LOSING MOMENTUM FAST
The market has failed to hold above key intraday support and is now forming a bearish structure with lower highs and lower lows on the 15m chart. The rejection from 0.955 and the breakdown towards 0.936 indicates sellers are gaining control, pushing price under short-term moving averages.
📉 Trade Setup:
Short Entry: 0.941 – 0.944
Targets:
TP1: 0.936
TP2: 0.930
Stop Loss: 0.948
💡 Market Outlook:
RLC is currently under bearish pressure after multiple failed attempts to reclaim the 0.955 resistance. If buyers don’t step in soon, further downside towards 0.930 is highly probable as momentum weakens.
⚠️ Risk Management:
Trade with position sizing under 2% risk per trade to protect capital in a volatile breakdown scenario.
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buy and trade here on $RLC