I’m looking at $RLUSD /USDT sitting around 1.0001, right on the visible MA60 at 1.0001. The recent move on the chart was a sharp drop back toward 1.0000, so for me this is a cautious setup rather than a clean momentum trade.
The key area I’m watching is 1.0000–1.0001. I’d like to see price hold that zone and reclaim 1.0002 before considering the upside stronger. The chart also shows the recent upper area around 1.0003, while the displayed 24h high is 1.0005.
📍 Entry: 1.0000–1.0001
🎯 TP1: 1.0002
🎯 TP2: 1.0003
🎯 TP3: 1.0005
🛑 Invalidation: 1.0000
If price loses 1.0000, I’d step away from this setup because that is the clearest visible low/support area on the chart.
Volume is visible, but the screenshot doesn’t provide enough detail for me to confidently use it as a strong confirmation. I’d rather wait for a clear hold and reclaim than force a trade here.
The key area I’m watching is 1.0000–1.0001. I’d like to see price hold that zone and reclaim 1.0002 before considering the upside stronger. The chart also shows the recent upper area around 1.0003, while the displayed 24h high is 1.0005.
📍 Entry: 1.0000–1.0001
🎯 TP1: 1.0002
🎯 TP2: 1.0003
🎯 TP3: 1.0005
🛑 Invalidation: 1.0000
If price loses 1.0000, I’d step away from this setup because that is the clearest visible low/support area on the chart.
Volume is visible, but the screenshot doesn’t provide enough detail for me to confidently use it as a strong confirmation. I’d rather wait for a clear hold and reclaim than force a trade here.
