📈 Trade Setup Analysis (RLC/USDT – 1D, Binance)
Pattern / Price Action:
The chart shows RLC trading near key moving averages with mixed signals. The MA 7 (1.031) and MA 99 (1.017) are above the current price (~1.087), while MA 25 (0.999) is below. This indicates some near-term resistance but overall bullish structure. Volume SMA 9 is 4.327M, suggesting moderate activity. The price is consolidating after a recent move, with market buy at 1.088 and sell at 1.086 showing tight spread.
🎯 Suggested Trade Plan
Entry Zone: Around 1.087 USDT (current market price).
Stop-Loss (SL): Set at 0.999 USDT (below MA 25 and key support).
Target Levels (TP):
TP1: 1.150 USDT (immediate resistance)
TP2: 1.250 USDT (next psychological level)
TP3: 1.350 USDT (extended target if bullish momentum continues)
⚖️ Risk-to-Reward Ratio (RRR)
Entry: 1.087
Stop-Loss: 0.999 → risk = 0.088
TP1 (1.150): reward = 0.063 → RRR ≈ 0.72 : 1
TP2 (1.250): reward = 0.163 → RRR ≈ 1.85 : 1
TP3 (1.350): reward = 0.263 → RRR ≈ 2.99 : 1
📊 Probability of Success
Bullish Factors: Trading above MA 25, overall trend structure supported by volume.
Risks: MA 7 and MA 99 above current price may act as resistance; need bullish catalyst.
👉 Estimated Probability: 60–65% chance of hitting TP1. ~40% chance of reaching TP2–TP3.
✅ Summary:
This is a consolidation breakout trade. Suggested stop-loss at 0.999, with targets at 1.150 → 1.250 → 1.350. The best risk-to-reward lies in aiming for TP2 and TP3. Manage position size to account for volatility.