🟢 $RLC — LONG [Pullback / Short Squeeze]

Trade Here $RLC

Reason:
RLC combines +17.9% 24h price movement, +23.2% open interest, and deeply negative funding (-0.2064%/8h). Shorts are paying to hold positions, creating potential squeeze fuel. However, the move is extended, so wait for a controlled pullback.

Liquidity / FVG:
Potential demand: 1.0650–1.0850
Near-term liquidity: 1.1090–1.1180
Deeper structural support: 1.0175–1.0450

Current price : 1.1100
Entry Zone: 1.0650 – 1.0850

Targets:
TP1 1.1300 → Secure 40%
TP2 1.1700 → Secure 40%
TP3 1.2100 → Leave 20% runner

Stop Loss: 1.0450

Leverage: Up to 5x
Risk: ≤1%

Invalidation:
A decisive 15m close below 1.0450 invalidates the setup. Abandon the long thesis if the pullback breaks support with sustained selling pressure. Reassess if BTC loses its local support near 82,800.

#RLC #strk #LUMIA