Entry plan at the current price ($0.8898) $RLC
Enter now
Entry price: $0.8898 (current price)
Stop loss: $0.8300 (-6.7%)
Target 1: $0.9600 (+7.9%)
Target 2: $1.0600 (+19%)
Target 3: $1.1600 (+30%)
Risk-to-reward ratio: 1:3
Trade management
When Target 1 ($0.96) is reached, take 50% of the profit and move the stop loss to $0.88 (breakeven).
When Target 2 ($1.06) is reached, take an additional 30% and move the stop loss to $0.95.
Leave 20% of the position open toward Target 3 ($1.16).
Important warnings
IV = 99%; volatility is extremely high, and the price may move by ±10% quickly.
Whales are selling, so do not enter with a large position.
Do not risk more than 5 to 10% of your capital on this trade.
A stop loss is mandatory; do not trade without one.
Summary
Entry is possible, but only with a small position, a strict stop loss at $0.83, and gradual exits at each target.
Enter now
Entry price: $0.8898 (current price)
Stop loss: $0.8300 (-6.7%)
Target 1: $0.9600 (+7.9%)
Target 2: $1.0600 (+19%)
Target 3: $1.1600 (+30%)
Risk-to-reward ratio: 1:3
Trade management
When Target 1 ($0.96) is reached, take 50% of the profit and move the stop loss to $0.88 (breakeven).
When Target 2 ($1.06) is reached, take an additional 30% and move the stop loss to $0.95.
Leave 20% of the position open toward Target 3 ($1.16).
Important warnings
IV = 99%; volatility is extremely high, and the price may move by ±10% quickly.
Whales are selling, so do not enter with a large position.
Do not risk more than 5 to 10% of your capital on this trade.
A stop loss is mandatory; do not trade without one.
Summary
Entry is possible, but only with a small position, a strict stop loss at $0.83, and gradual exits at each target.