The RLC short squeeze is entering its final stretch! RLC plunged from a high of 0.82, and 0.76 has become the last line of defense!
It was still surging 126% to $0.87 in the early hours, but by afternoon it had slid all the way to $0.82 (with the rolling-window gain narrowing to +48%).
The facts prove once again: there are no new enterprise orders at all; the so-called “confidential computing” is just an old story. The morning rally completely liquidated the shorts, while retail traders who chased the afternoon rally were left holding nothing but profit-taking sell-offs.
Conclusion: 0.76 is the bull-bear dividing line established in the morning. The upward momentum has now completely collapsed. If the price breaks below 0.76, this short-squeeze rally will be officially over.
#RLC #iExec #轧空 #山寨币
$RLC
It was still surging 126% to $0.87 in the early hours, but by afternoon it had slid all the way to $0.82 (with the rolling-window gain narrowing to +48%).
The facts prove once again: there are no new enterprise orders at all; the so-called “confidential computing” is just an old story. The morning rally completely liquidated the shorts, while retail traders who chased the afternoon rally were left holding nothing but profit-taking sell-offs.
Conclusion: 0.76 is the bull-bear dividing line established in the morning. The upward momentum has now completely collapsed. If the price breaks below 0.76, this short-squeeze rally will be officially over.
#RLC #iExec #轧空 #山寨币
$RLC
