๐ $RLC โ SHORT BIAS
RLCโs 30%+ surge has pushed price into a key resistance/supply area near $0.478. Instead of chasing the pump, Iโm watching for confirmation that buyers are losing control.
๐ป Short Zone: $0.468โ$0.478
๐ฏ TP1: $0.450
๐ฏ TP2: $0.435
๐ฏ TP3: $0.420
๐ SL: $0.515
Key level: $0.48โ$0.49. A sustained rejection below this zone keeps the downside setup valid, while a clean reclaim would weaken the short thesis.
Aggressive setup โ keep position size controlled and respect the invalidation.
$RLC
RLCโs 30%+ surge has pushed price into a key resistance/supply area near $0.478. Instead of chasing the pump, Iโm watching for confirmation that buyers are losing control.
๐ป Short Zone: $0.468โ$0.478
๐ฏ TP1: $0.450
๐ฏ TP2: $0.435
๐ฏ TP3: $0.420
๐ SL: $0.515
Key level: $0.48โ$0.49. A sustained rejection below this zone keeps the downside setup valid, while a clean reclaim would weaken the short thesis.
Aggressive setup โ keep position size controlled and respect the invalidation.
$RLC