I’m looking at $RLUSD /USDT sitting almost exactly around the 1.0008 area, with the price currently flat after a sharp move up and back down. For me, this is a very tight setup, so I’d rather wait for confirmation than chase the spike.
Price is holding around the visible 1.0008 level, while the chart shows a recent high near 1.0011 and a low around 1.0007. The MA60 is also displayed at 1.0008, so that level is the main area I’m watching.
I’d like to see price hold above 1.0008 and start pushing toward the upper levels again. A move through 1.0009 would make the setup more interesting, while the recent high at 1.0011 is the key visible resistance.
📍 Entry: 1.0008–1.0009
🎯 TP1: 1.0009
🎯 TP2: 1.0010
🎯 TP3: 1.0011
🛑 Invalidation: 1.0007
If price loses 1.0007, I’d step away from this setup because that’s the visible low on the chart and would weaken the idea.
For me, this is more of a tight-range setup than a high-momentum trade. I’m waiting for price to prove strength before getting aggressive.
Price is holding around the visible 1.0008 level, while the chart shows a recent high near 1.0011 and a low around 1.0007. The MA60 is also displayed at 1.0008, so that level is the main area I’m watching.
I’d like to see price hold above 1.0008 and start pushing toward the upper levels again. A move through 1.0009 would make the setup more interesting, while the recent high at 1.0011 is the key visible resistance.
📍 Entry: 1.0008–1.0009
🎯 TP1: 1.0009
🎯 TP2: 1.0010
🎯 TP3: 1.0011
🛑 Invalidation: 1.0007
If price loses 1.0007, I’d step away from this setup because that’s the visible low on the chart and would weaken the idea.
For me, this is more of a tight-range setup than a high-momentum trade. I’m waiting for price to prove strength before getting aggressive.
