$RLUSD is sitting at 1.0002, just a whisker above the 1.0000 support line. The 7‑day SMA sits below the 25‑day SMA, and the last ten bars have been nothing more than a sideways shuffle—no real momentum. A bearish candle just popped, and the price has already bounced back from the lower end of the swing low, showing that the market is rejecting any further downside. That’s why I’m leaning short.
**Entry** – 1.0002 (right where the price is holding).
**Stop‑loss** – Set it above the 1.0016 resistance, say 1.0018, so you’re protected if the trend flips…
**Entry** – 1.0002 (right where the price is holding).
**Stop‑loss** – Set it above the 1.0016 resistance, say 1.0018, so you’re protected if the trend flips…
