BlockchainBaller
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Bullish
$RLC /USDT Update: Eyeing a Breakout with Strong Momentum..... $RLC /USDT is trading at $1.822, showing a robust 12.89% gain and nearing the 24-hour high of $1.897. The consistent buying pressure suggests a potential continuation of the bullish trend.
Key Levels to Watch:
Resistance: $1.90 – Breaking this level could drive the price toward $2.00 and $2.10.
Support: $1.77 – A fallback below this level may lead to $1.70, with potential consolidation.
Trade Setup:
Long Entry: Above $1.85, targeting $1.95 and $2.10. Stop-loss at $1.75.
Short Entry: Below $1.77, aiming for $1.70 and $1.65. Stop-loss at $1.80.
Technical Insights:
The RSI stands at 63.99, indicating bullish momentum while leaving room before overbought conditions. The MACD continues to show strong buying signals, with expanding green bars affirming bullish control. Volume is steadily rising, supporting the price action.
#RLC
Key Levels to Watch:
Resistance: $1.90 – Breaking this level could drive the price toward $2.00 and $2.10.
Support: $1.77 – A fallback below this level may lead to $1.70, with potential consolidation.
Trade Setup:
Long Entry: Above $1.85, targeting $1.95 and $2.10. Stop-loss at $1.75.
Short Entry: Below $1.77, aiming for $1.70 and $1.65. Stop-loss at $1.80.
Technical Insights:
The RSI stands at 63.99, indicating bullish momentum while leaving room before overbought conditions. The MACD continues to show strong buying signals, with expanding green bars affirming bullish control. Volume is steadily rising, supporting the price action.
#RLC
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