still tracking $RLUSD, while I keep leverage near 46x, keeps rejecting the same area, so the short side is worth watching
A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. Trend direction is not especially clear yet; the nearby levels and the next price reaction matter more here. The 24-hour move stands at -0.01%, with the latest price near 1.0008. Participation is still light at 0.6x average volume; I would not treat this as confirmed momentum yet. RSI is 33.3, showing that buyers have not yet regained clear momentum. The recent support area is around 1.0007, while resistance is near 1.0015.
Short setup | Spot chart | 4H
Entry: 1.0008–1.0009 | Stop Loss: 1.0168
TP1: 0.9766 / TP2: 0.9603 / TP3: 0.9328
#RLUSD #Binance #Write2Earn! #crypto
A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. Trend direction is not especially clear yet; the nearby levels and the next price reaction matter more here. The 24-hour move stands at -0.01%, with the latest price near 1.0008. Participation is still light at 0.6x average volume; I would not treat this as confirmed momentum yet. RSI is 33.3, showing that buyers have not yet regained clear momentum. The recent support area is around 1.0007, while resistance is near 1.0015.
Short setup | Spot chart | 4H
Entry: 1.0008–1.0009 | Stop Loss: 1.0168
TP1: 0.9766 / TP2: 0.9603 / TP3: 0.9328
#RLUSD #Binance #Write2Earn! #crypto
