1. Summary
RLC has a strong upward movement; prioritize probing buys on a clean retest.
Price action: strong intraday increase.
Catalyst: 2025 roadmap and updates on tokenomics/staking.
Action: split orders, wait for confirmation on retest.
2. Market Overview
Capital is flowing into AI/confidential compute-related tokens; altcap has strong liquidity increase driving volatility up.
3. Technical Analysis
Short-term bias leans bullish if it holds above the ~1.00–1.05 range; near support ~0.90 and strong zone ~0.70; initial resistance ~1.05 and target zone ~1.50; volume and RSI show momentum but warn of short-term overbought.
iExec is pushing forward its 2025 roadmap with partnerships and expanding utility for RLC, while also updating staking/tokenomics to increase token usage demand.
Community sentiment is quite positive; note accumulation signs from large addresses and the risk of sudden profit-taking from whales.
4. Strategy
Entry: probe buy on a clean retest around ~0.95–1.05 or add when holding above ~1.05.
Stop-loss: cut if the daily candle closes below ~0.85.
TP1: ~1.30 — TP2: ~1.80.
Early exit triggers: large whale deposits onto the exchange or breakdown closing the day below ~0.85.
Sizing: split orders, enter small to probe, then add when momentum confirms; always set clear stop-loss.
