🐋 $RLC broke below the 24-hour low, and selling pressure hasn't let up.
The current price is 0.8045, below the previous low of 0.807. 24-hour trading volume is $2.23 million.
A large number of long-position stop-loss orders are often placed below the previous low. Breaking through it can trigger a cascade of stop-losses; watch for large orders absorbing the selling at lower levels.
#RLC
The current price is 0.8045, below the previous low of 0.807. 24-hour trading volume is $2.23 million.
A large number of long-position stop-loss orders are often placed below the previous low. Breaking through it can trigger a cascade of stop-losses; watch for large orders absorbing the selling at lower levels.
#RLC