๐ $RLC SELL-SIDE LIQUIDITY ABSORPTION AFTER A +63% RALLY AS BUYERS TARGET $0.67! ๐
Entry: 0.5750 - 0.6000 โก
Targets: 0.6250 / 0.6500 / 0.6720 ๐
Stop loss: 0.5480 โ ๏ธ
After a sharp +63.77% rally, smart money is defending the key $0.55-$0.60 demand zone to absorb aggressive profit-taking pressure. ๐ Price structure remains firm above this critical zone, indicating that institutions are accumulating again rather than distributing. ๐
Holding back above the psychological $0.60 level on the 4H timeframe would erase the structural inefficiency and pave the way for orders targeting a liquidity sweep at $0.6730. โก As long as the market structure pivot at $0.5480 holds, buyers remain in control of the trend. ๐
๐ฌ Are you entering a position in this demand zone, or waiting for a candle close to confirm a breakout above $0.60? ๐
Entry: 0.5750 - 0.6000 โก
Targets: 0.6250 / 0.6500 / 0.6720 ๐
Stop loss: 0.5480 โ ๏ธ
After a sharp +63.77% rally, smart money is defending the key $0.55-$0.60 demand zone to absorb aggressive profit-taking pressure. ๐ Price structure remains firm above this critical zone, indicating that institutions are accumulating again rather than distributing. ๐
Holding back above the psychological $0.60 level on the 4H timeframe would erase the structural inefficiency and pave the way for orders targeting a liquidity sweep at $0.6730. โก As long as the market structure pivot at $0.5480 holds, buyers remain in control of the trend. ๐
๐ฌ Are you entering a position in this demand zone, or waiting for a candle close to confirm a breakout above $0.60? ๐
