1. Summary

$RLC posted a sharp short-term spike to ~1.85; the move is supported by on-chain/fundamental narratives (buyback, tokenomics) but 1H indicators show overbought conditions—require a retest or volume-confirmed continuation.

• Price ~1.59. • Top catalysts: iExec buyback program and tokenomics updates / partnerships.

2. Analysis

spike from ~0.92 to 1.85 with large volume — classic momentum squeeze. RSI (1H) is overbought; short-term risk of retracement is high. Fundamentals: iExec’s buyback and tokenomics initiatives provide a real narrative that can attract flows, but announcements also attract speculative capital and quick profit-taking. Monitor large exchange inflows and social sentiment.

3. Strategy

  • Conservative entry: 1.05–1.15 retest with confirming 1H close + rising volume.

  • Aggressive/fade: 1.30–1.40 zone with tight SL.

  • Momentum entry: 1H close > 1.85 with volume confirmation.

  • SL: 0.88 (pullback), 1.08 (aggressive), 1.45 (momentum).

  • Targets: TP1 1.95–2.00, TP2 2.40–2.80; tighten if liquidity or signs of distribution appear.