$RLC is losing momentum after the spike to $0.8455. The breakout is still fresh, but price slipping below MA7 gives sellers a cleaner setup here. ๐
$RLC/USDT | SHORT
Entry: $0.735โ$0.750
SL: $0.785
TP1: $0.713
TP2: $0.703
TP3: $0.670 ๐ฏ
Why this setup?
โข Strong rejection from $0.8455.
โข Price has dropped back below MA7 ($0.7447).
โข Breakout volume is fading, while selling candles are appearing.
โข $0.703 is the key support and MA25 zone.
โ ๏ธ Invalidation: 1H close above $0.785.
$0.703 breaks โ deeper retracement.
$0.750 reclaimed โ short setup weakens. ๐
$ETH
$BNB
#HadiaBTC #Cryptotrading #TechnicalAnalysis
$RLC/USDT | SHORT
Entry: $0.735โ$0.750
SL: $0.785
TP1: $0.713
TP2: $0.703
TP3: $0.670 ๐ฏ
Why this setup?
โข Strong rejection from $0.8455.
โข Price has dropped back below MA7 ($0.7447).
โข Breakout volume is fading, while selling candles are appearing.
โข $0.703 is the key support and MA25 zone.
โ ๏ธ Invalidation: 1H close above $0.785.
$0.703 breaks โ deeper retracement.
$0.750 reclaimed โ short setup weakens. ๐
$ETH
$BNB
#HadiaBTC #Cryptotrading #TechnicalAnalysis