A 3% stop on a 10x position means a 30% equity swing, so keep leverage modest; RLC is bouncing off a bullish order block and looks ready to retest higher.
๐ข $RLC LONG ๐
Entry โ $1.0121-$1.0141
Stop โ $0.982707 (-3.0%)
TP1 โ $1.0283 (+1.5%)
TP2 โ $1.0638 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The market structure broke higher low (CHoCH), volume surged confirming buying (CVD), and a fairโvalue gap lines up with the order block, creating a strong POI. Price is holding the OB and the FVG overlap, giving a clean entry.
The 3% stop is relatively tight, so 5โ8x leverage is appropriate.
Take partial profit at the first target around 1.7โฏR/R.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$RLC #RLCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn
๐ข $RLC LONG ๐
Entry โ $1.0121-$1.0141
Stop โ $0.982707 (-3.0%)
TP1 โ $1.0283 (+1.5%)
TP2 โ $1.0638 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The market structure broke higher low (CHoCH), volume surged confirming buying (CVD), and a fairโvalue gap lines up with the order block, creating a strong POI. Price is holding the OB and the FVG overlap, giving a clean entry.
The 3% stop is relatively tight, so 5โ8x leverage is appropriate.
Take partial profit at the first target around 1.7โฏR/R.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$RLC #RLCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn