🚨 $RLC /USDT – Sharp Drop, Down 18.49%! 🔻
Momentum Analysis: RLC is experiencing a steep decline, currently trading at $1.014, after hitting a 24h high of $1.256 and a low of $0.989. Trading volume is moderate, with 1.68M RLC exchanged, totaling $1.84M in USDT.
📉 Short-Term Trading Setup:
Entry Zone: $0.989 – $1.014 (watch for potential support)
Targets:
T1: $1.036 (minor resistance)
T2: $1.062 (trend recovery)
T3: $1.089 – $1.109 (key resistance zone)
Stop Loss: $0.983 (below recent low)
🔔 Breakout Confirmation & Key Support:
Breakout Level: $1.115 (needs strong buying volume)
Support: $0.989 – $0.983 (crucial area to hold)
⚡ Pro Tip for Traders:
RLC is facing strong selling pressure. If it holds above $0.989, a possible rebound could occur. However, breaking below $0.983 may signal further downside. Monitor price action closely and adjust risk accordingly.
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