$RLC SHORT
The bears’ first line of defense has been successfully breached, leaving a substantial positional advantage.
Open interest is being driven by capital inflows, helping push prices lower.
The RSI indicator on lower timeframes is cooling off after the impulse, leaving room for further downside.
🔹Entry zone: 0.7912$
🎯Take profit 1: 0.7575582$
🎯Take profit 2: 0.72758786$
🎯Take profit 3: 0.69489072$
🎯Take profit 4: 0.6039464$
🎯Take profit 5: 0.46160783$
❌Stop-loss: 0.8291776$
📈 RSI14: m1 75.0 • m5 73.6 • m15 60.1 • m30 51.7
📊 VOL: m1 $1.2M • m5 $1.2M • m15 $5.1M • m30 $8.2M
🧲 OI: now $16.3M • 5m +3.6% • 15m +2.1% • 30m +0.6%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#RLC #cryptocurrency #BinanceSquare 📈
$RLC
The bears’ first line of defense has been successfully breached, leaving a substantial positional advantage.
Open interest is being driven by capital inflows, helping push prices lower.
The RSI indicator on lower timeframes is cooling off after the impulse, leaving room for further downside.
🔹Entry zone: 0.7912$
🎯Take profit 1: 0.7575582$
🎯Take profit 2: 0.72758786$
🎯Take profit 3: 0.69489072$
🎯Take profit 4: 0.6039464$
🎯Take profit 5: 0.46160783$
❌Stop-loss: 0.8291776$
📈 RSI14: m1 75.0 • m5 73.6 • m15 60.1 • m30 51.7
📊 VOL: m1 $1.2M • m5 $1.2M • m15 $5.1M • m30 $8.2M
🧲 OI: now $16.3M • 5m +3.6% • 15m +2.1% • 30m +0.6%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#RLC #cryptocurrency #BinanceSquare 📈
$RLC
