$RLC The overall structure remains bullish as long as it holds above 0.65.
· It is currently consolidating around 0.78, showing signs of a potential bull flag or sideways accumulation while awaiting the next move.
🟢 Long scenario (preferred)
· 🎯 $RLC Long entry: 0.75 - 0.79 (current consolidation zone)
· 🛑 Stop-loss: below 0.69 (psychological support)
· 🎯 Take-profit:
· TP 1: 0.84 (recent local high)
· TP 2: 0.92 (previous breakdown level)
· TP 3: 1.05 (retest of the all-time high)
🔴 $RLC Short scenario: Consider only if there is a strong rejection at the 0.84-0.85 resistance, or if the key support at 0.70 breaks.
Support me by trading here 👇 #rlc #iExecRLC
· It is currently consolidating around 0.78, showing signs of a potential bull flag or sideways accumulation while awaiting the next move.
🟢 Long scenario (preferred)
· 🎯 $RLC Long entry: 0.75 - 0.79 (current consolidation zone)
· 🛑 Stop-loss: below 0.69 (psychological support)
· 🎯 Take-profit:
· TP 1: 0.84 (recent local high)
· TP 2: 0.92 (previous breakdown level)
· TP 3: 1.05 (retest of the all-time high)
🔴 $RLC Short scenario: Consider only if there is a strong rejection at the 0.84-0.85 resistance, or if the key support at 0.70 breaks.
Support me by trading here 👇 #rlc #iExecRLC