$RLC – STRONG REBOUND FROM DEMAND ZONE – UPSIDE IN SIGHT!
RLC 📌
👉After a sharp correction, $RLC has found solid footing around the key demand area near $1.14, signaling strong buyer interest. The 1H chart reveals a developing bullish structure as price starts to climb. A move above $1.17 could ignite bullish momentum, targeting the next resistance at $1.221 (TP1) and potentially extending to $1.302 (TP2) if strength continues.
👉Volume confirmation above $1.17 would strengthen the bullish case. This setup presents a favorable entry with a clear invalidation level below support. Watching the $1.14–$1.15 zone is critical — holding this level keeps bulls in control.
👉Trade Setup:
• Entry: $1.16–$1.17
• TP1: $1.221
• TP2: $1.302
• SL: $1.138