$RLC is strongly bullish, but severely overextended. The 15-minute chart shows clear lower highs forming, indicating short-term selling pressure and profit-taking
· 🔴 Short setup (preferred):
· $RLC short entry: 1.25–1.30
· Stop-loss: above 1.35
· Take-profit: TP1: 1.10, TP2: 1.00
· 🟢 $RLC long setup: The macro trend remains bullish. Wait for the price to stabilize in the strong demand zone of 1.00–1.05 (the previous breakout area and psychological support) to look for a rebound.
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· 🔴 Short setup (preferred):
· $RLC short entry: 1.25–1.30
· Stop-loss: above 1.35
· Take-profit: TP1: 1.10, TP2: 1.00
· 🟢 $RLC long setup: The macro trend remains bullish. Wait for the price to stabilize in the strong demand zone of 1.00–1.05 (the previous breakout area and psychological support) to look for a rebound.
Support me by trading here 👇 #rlc #iExecRLC