๐$RLC JUST EXPLODED 72% โ IS THE RALLY LOSING STEAM?
iExec RLC is making a serious move! ๐ฅ Trading around $1.255, RLC has surged 72.7% in 24 hours, and buyers are clearly dominating the 1-hour chart.
The price is trading well above MA(7), MA(25), and MA(99), confirming strong bullish momentum. But thereโs one important detail: RSI is near 90, signaling extremely overbought conditions.
๐ Key levels to watch:
๐ด Resistance: $1.258โ$1.30
๐ข Support: $1.105, $0.98
A clean breakout above $1.258 could fuel another leg upward. However, rejection near resistance may trigger profit-taking and a quick pullback.
My take? The trend is bullish, but chasing a vertical candle is risky. Watch for confirmation before making a move.
Can $RLC break $1.30? ๐
#RLC #Crypto #Altcoins
iExec RLC is making a serious move! ๐ฅ Trading around $1.255, RLC has surged 72.7% in 24 hours, and buyers are clearly dominating the 1-hour chart.
The price is trading well above MA(7), MA(25), and MA(99), confirming strong bullish momentum. But thereโs one important detail: RSI is near 90, signaling extremely overbought conditions.
๐ Key levels to watch:
๐ด Resistance: $1.258โ$1.30
๐ข Support: $1.105, $0.98
A clean breakout above $1.258 could fuel another leg upward. However, rejection near resistance may trigger profit-taking and a quick pullback.
My take? The trend is bullish, but chasing a vertical candle is risky. Watch for confirmation before making a move.
Can $RLC break $1.30? ๐
#RLC #Crypto #Altcoins