š $RLC /USDT ā AI-Powered Bounce Setting Up for a Run! š„
$RLC is trading around $1.2692, bouncing strongly off its ascending trendline after a liquidity dip below key supportāsuggesting a bullish retest and possible move higher.
š Trade Details:
ā¢ Entry Zone: Around $1.2689
ā¢ Target: $1.3776
ā¢ Stop Loss: $1.2413
ā¢ Risk/Reward: 1:4+ ā a highly attractive setup
ā¢ Technical Note: Trendline respected and structure reclaimed
Why Looks Promising:
ā¢ AI & Decentralized Computing Play: As AI adoption grows, iExec ($RLC) benefits from its role in powering decentralized cloud and compute solutions.
ā¢ Strong Partnerships: Collaborations with major players like Intel, plus enterprise Web3 infrastructure development, highlight its real-world use.
ā¢ Undervalued AI Token: Still flying under the radar compared to other AI tokens, with solid tokenomics and genuine utility.
š§ Strategic View:
This is a prime dip-buying opportunity. The price just confirmed support from both a trendline and horizontal zone. As long as $1.24 holds, bulls have the upper hand.
š¢ Final Thoughts:
AI + Web3 is a high-potential comboāand is positioned to benefit. If momentum continues, $1.38 could be just the start.
Smart entries win. Letās ride the AI wave!
