technical analysis post for $RLC

/USDT on Binance with a bearish outlook:

RLC/USDT Technical Analysis – Bearish Setup

RLC is showing signs of weakness after failing to hold above $1.25, indicating a potential bearish continuation.

Entry Level:

$1.245 (current price rejection zone)

Targets:

Target 1: $1.210

Target 2: $1.180

Stop Loss:

$1.265 (above recent high to protect against a breakout)

RLC is forming lower highs with declining volume, suggesting sellers are gaining control. Watch for a breakdown below $1.22 for stronger confirmation.

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