$RLC
📈 RLC/USDT Quick Analysis
RLC is trading at 1.3059, moving lower after a rejection from resistance and now consolidating below the EMA. Support is at 1.2990 while resistance is at 1.3077. If buying volume returns, a bounce toward resistance is possible, but price action remains cautious.
✅ Trade Plan:
Entry: 1.3060–1.3070
Target 1: 1.3077
Target 2: 1.3155
Stop loss: below 1.2990
💡 My View:
RLC is in a minor downtrend but oversold on lower timeframes; a relief bounce can be played with strict risk control. Confirmation needed above 1.3060 and avoiding positions if support is lost.
⚠️ Declaration:
This is my personal analysis & trade plan, not financial advice. Always DYOR & manage your risk.
