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$RLC Testing the $1 Barrier
$RLC is trading at $0.993, up +6.78% today, showing strong recovery momentum after dipping to $0.916......
Despite recent downtrends over the past weeks (-11.9% in 30D, -17.4% in 90D, -23.8% in 180D), today’s rebound highlights renewed buyer strength.
Bullish Trade Setup
Entry Zone: $0.985 – $0.995
Target 1: $1.02
Target 2: $1.06
Target 3: $1.10
Stop Loss: $0.95
Bullish Signals
Strong Daily Recovery: +6.8% bounce from oversold conditions.
Volume: Nearly 1M RLC traded in 24H, supporting the rally.
Order Flow: Balanced (Buy 46% vs Sell 54%) – a breakout above $1.00 could flip momentum fully bullish.
Chart Pattern: A potential double bottom around $0.92–$0.94 zone, now breaking upward.
$RLC is trading at $0.993, up +6.78% today, showing strong recovery momentum after dipping to $0.916......
Despite recent downtrends over the past weeks (-11.9% in 30D, -17.4% in 90D, -23.8% in 180D), today’s rebound highlights renewed buyer strength.
Bullish Trade Setup
Entry Zone: $0.985 – $0.995
Target 1: $1.02
Target 2: $1.06
Target 3: $1.10
Stop Loss: $0.95
Bullish Signals
Strong Daily Recovery: +6.8% bounce from oversold conditions.
Volume: Nearly 1M RLC traded in 24H, supporting the rally.
Order Flow: Balanced (Buy 46% vs Sell 54%) – a breakout above $1.00 could flip momentum fully bullish.
Chart Pattern: A potential double bottom around $0.92–$0.94 zone, now breaking upward.
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