$RLC
๐ฅ PUMPED HARD, BUT IS A PULLBACK COMING? ๐ป๐
After a massive rally, $RLC faced rejection near $0.98, changing the short-term picture. Price has already pulled back, and buyers are struggling to reclaim higher levels. ๐
๐ Bearish Setup I'm Watching:
๐ Potential Entry Zone: $0.9100โ$0.9500
๐ฏ TP1: $0.8900 ๐ฏ TP2: $0.8700 ๐ฏ TP3: $0.8513
๐ Stop Loss (SL): $0.9880
below $0.8900 and sustains the move, selling pressure could accelerate toward $0.8700 and then $0.8513.
โ ๏ธ A recovery above $0.9512 would weaken this bearish idea. I'm watching for confirmation instead of entering blindly.
๐ฅ fam, was that a genuine breakout or just another pump trapping late buyers?
Manage risk carefully. These levels are potential scenarios, not guaranteed outcomes.
๐ฅ PUMPED HARD, BUT IS A PULLBACK COMING? ๐ป๐
After a massive rally, $RLC faced rejection near $0.98, changing the short-term picture. Price has already pulled back, and buyers are struggling to reclaim higher levels. ๐
๐ Bearish Setup I'm Watching:
๐ Potential Entry Zone: $0.9100โ$0.9500
๐ฏ TP1: $0.8900 ๐ฏ TP2: $0.8700 ๐ฏ TP3: $0.8513
๐ Stop Loss (SL): $0.9880
below $0.8900 and sustains the move, selling pressure could accelerate toward $0.8700 and then $0.8513.
โ ๏ธ A recovery above $0.9512 would weaken this bearish idea. I'm watching for confirmation instead of entering blindly.
๐ฅ fam, was that a genuine breakout or just another pump trapping late buyers?
Manage risk carefully. These levels are potential scenarios, not guaranteed outcomes.