$RLC
🔥 Is the correction over?
The price bounced from the support zone and has gradually started to regain strength, but it now faces important resistance around 0.79.
🚀 Bullish scenario:
Break above and hold above 0.79
🎯 0.82
🎯 0.86
🎯 0.90
📉 Alternative scenario:
Rejection at resistance and a pullback
🟢 Buy: 0.74–0.72
🟢 Stronger buy: 0.70–0.67
🟢 Deeper zone: 0.63–0.60
🎯 If the price bounces from the buying zones:
0.79 → 0.82 → 0.86
Bottom line: The price is at a decision point; breaking above 0.79 would provide stronger confirmation of continued upside, while rejection would offer better buying opportunities at lower levels.
⚠️ This is a technical analysis of the chart, not a guarantee of price movement.
🔥 Is the correction over?
The price bounced from the support zone and has gradually started to regain strength, but it now faces important resistance around 0.79.
🚀 Bullish scenario:
Break above and hold above 0.79
🎯 0.82
🎯 0.86
🎯 0.90
📉 Alternative scenario:
Rejection at resistance and a pullback
🟢 Buy: 0.74–0.72
🟢 Stronger buy: 0.70–0.67
🟢 Deeper zone: 0.63–0.60
🎯 If the price bounces from the buying zones:
0.79 → 0.82 → 0.86
Bottom line: The price is at a decision point; breaking above 0.79 would provide stronger confirmation of continued upside, while rejection would offer better buying opportunities at lower levels.
⚠️ This is a technical analysis of the chart, not a guarantee of price movement.
