SHORT SETUP ... SHARP PUMP INTO SELLING ZONE
RLC has just printed a 30%+ impulsive move and is now showing rejection around the 0.478 resistance area. After this kind of vertical expansion, I’m watching for mean reversion rather than chasing the top.
Short Entry: 0.468–0.478
TP1: 0.450
Next Price: 0.435
Final Target: 0.420
SL: 0.515
The move is heavily extended, and the first rejection is already appearing. As long as price stays below 0.48–0.49, I favor a corrective move lower.
I’d treat this as an aggressive short setup with controlled sizing, not a maximum-size position.
Short $RLC #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3% #Nikkei225Jumps2.5%ToThreeMonthHigh #DriftHackVictimsBeginClaims
RLC has just printed a 30%+ impulsive move and is now showing rejection around the 0.478 resistance area. After this kind of vertical expansion, I’m watching for mean reversion rather than chasing the top.
Short Entry: 0.468–0.478
TP1: 0.450
Next Price: 0.435
Final Target: 0.420
SL: 0.515
The move is heavily extended, and the first rejection is already appearing. As long as price stays below 0.48–0.49, I favor a corrective move lower.
I’d treat this as an aggressive short setup with controlled sizing, not a maximum-size position.
Short $RLC #ETHUp70%InQ3ButLiquidityFalls #EthStakingExitQueueHits2026High #FedOctoberHoldOdds82.3% #Nikkei225Jumps2.5%ToThreeMonthHigh #DriftHackVictimsBeginClaims