$RLC /USDT BEARS ARE SHOWING RESISTANCE AT THE TOP

The chart shows $RLC/USDT facing rejection near the $1.066 resistance zone after a strong upward move. The price tested the top level but failed to break out convincingly, signaling a possible short-term bearish pullback. Sellers are defending the current zone, and unless bulls reclaim momentum with strong volume, a retracement looks more likely.

Trade Setup:

Short Entry: 1.060 – 1.066

Targets (TP): 1.040 / 1.030 / 1.020

Stop Loss (SL): 1.080

Market Outlook:

While the broader structure remains bullish due to recent gains, the immediate rejection suggests a correction phase. Traders should watch lower support zones for possible accumulation before the next bullish leg.

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