$RLC — The uptrend needs confirmation
RLC Futures is at 0,7151 USDT, up 89,280% in 24 hours. After a sharp rally, the latest 1H candle closed lower, falling from 0,7293 to 0,6925; the current candle is recovering but has not closed yet.
🟢 Favor the upside if the 1H candle closes above 0,7266. If so, watch 0,7473 and 0,7761, both based on closed OHLCV data. This outlook is invalidated if the 1H candle closes below 0,6861. The trading range is very wide, so do not treat the 24-hour gain alone as a reason to chase the price.
Personal observation, not a recommendation. 1% risk; always use a stop-loss.
#RLC #Crypto #Futures
RLC Futures is at 0,7151 USDT, up 89,280% in 24 hours. After a sharp rally, the latest 1H candle closed lower, falling from 0,7293 to 0,6925; the current candle is recovering but has not closed yet.
🟢 Favor the upside if the 1H candle closes above 0,7266. If so, watch 0,7473 and 0,7761, both based on closed OHLCV data. This outlook is invalidated if the 1H candle closes below 0,6861. The trading range is very wide, so do not treat the 24-hour gain alone as a reason to chase the price.
Personal observation, not a recommendation. 1% risk; always use a stop-loss.
#RLC #Crypto #Futures
