$RLC
🔥 RLC Trade Alert: Bears Overcrowded, Bulls Loading!
📊 Market Snapshot
Price: ~$1.52
Sentiment: Overcrowded bearish → Possible short squeeze incoming!
🔎 Analysis
Funding Rate –1.08% → Market heavily short → long positions get paid.
Price Action: RLC bounced from $1.04 low → $1.74 high → consolidating around $1.52, showing resilience.
Momentum: RSI is neutral (not overbought), leaving room for upside.
Support Zone: $1.40 is the key level. As long as it holds, bulls remain in control.
Risk: High volatility; breaking below $1.39 would invalidate the bullish setup.
✅ Trade Idea (Swing)
Entry Zone: $1.48 – $1.55
Targets:
🎯 TP1: $1.68
🎯 TP2: $1.82
🎯 TP3: $2.05
Stop Loss: $1.39
⚠️ Risk Note:
Negative funding = bears overcrowded. If buyers defend $1.40, a short squeeze rally toward $1.82+ is likely.
🔥 Summary:
RLC is showing strength with shorts paying heavy funding. Setup favors long positions with breakout targets up to $2.05.
#RLC #KausarAyan