RLC has broken below the recent swing low, snapping the bearish trendline and exposing fresh buying pressure. Volume spikes show the market is primed for a swing back up.
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$RLC LONG 📈 — Trade Plan
• Entry: $0.660838 – $0.662161
• Stop: $0.641655 (-3.0%)
• Target 1: $0.671422 (+1.5%)
• Target 2: $0.694575 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character appeared as price pierced the order block and filled a fair value gap, while the liquidity sweep left a clean stop zone. CVD confirmed the influx of buying, and the POI formed where the OB and FVG overlap, reinforcing the bullish bias.
A 3.0% stop is relatively tight on a volatile asset, so 2-3x leverage keeps risk in check.
Take half profit around the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$RLC #RLCUSDT #CPIWatch #TradingSignals #Write2Earn