$RLC | iExec โ 4H STRUCTURE ๐
RLC pushed into 1.0770 before cooling off toward 1.0364, but the broader 4H structure still looks constructive.
Price remains comfortably above the key moving averages: โข 7 MA โ 0.7340 โข 25 MA โ 0.4721 โข 99 MA โ 0.3774
One detail that stands out: volume expanded during the recovery from the 0.33 base, showing stronger participation behind the move.
Now the key level is 0.73.
๐ If RLC continues holding above 0.73, the recent 1.0770 high remains the main reference point.
โ ๏ธ If 0.73 is lost decisively, the recent upside move could turn into a failed breakout/wick and the structure would need to be reassessed.
For now, the chart is still holding its higher-timeframe structure. No prediction, no call โ just watching the levels and price action.
#RLC #EvernorthDelaysNasdaqDebutToOct12
#TechnicalAnalysisPost #CryptoTrading #WriteToEarn
RLC pushed into 1.0770 before cooling off toward 1.0364, but the broader 4H structure still looks constructive.
Price remains comfortably above the key moving averages: โข 7 MA โ 0.7340 โข 25 MA โ 0.4721 โข 99 MA โ 0.3774
One detail that stands out: volume expanded during the recovery from the 0.33 base, showing stronger participation behind the move.
Now the key level is 0.73.
๐ If RLC continues holding above 0.73, the recent 1.0770 high remains the main reference point.
โ ๏ธ If 0.73 is lost decisively, the recent upside move could turn into a failed breakout/wick and the structure would need to be reassessed.
For now, the chart is still holding its higher-timeframe structure. No prediction, no call โ just watching the levels and price action.
#RLC #EvernorthDelaysNasdaqDebutToOct12
#TechnicalAnalysisPost #CryptoTrading #WriteToEarn
