$RLC USDT 1H Analysis

Current: 0.7713
Resistance: 0.798–0.818
Major resistance: 0.955–0.98
Support: 0.735–0.745
Next support: 0.680–0.695

Indicators:

Price below MA7/EMA7 → bearish momentum

MACD bearish crossover → downside pressure
RSI(6) ~35 → weak, but a bounce is possible
KDJ oversold → chasing a short is risky

🎯 Better setup

SHORT: on rejection at 0.795–0.815
SL: 0.835
TP1: 0.750
TP2: 0.710
TP3: 0.680

⚠️ If price reclaims 0.795–0.818 with strong volume, avoid shorting. In that case, a bullish reversal may be confirmed.

My choice: WAIT → retest/rejection → SHORT.