A 3% stop on a 10x position means a 30% equity swing, so keep leverage modest; RLC is bouncing off a bullish order block and looks ready to retest higher.
đą $RLC LONG đ
Entry â $1.0121-$1.0141
Stop â $0.982707 (-3.0%)
TP1 â $1.0283 (+1.5%)
TP2 â $1.0638 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke higher low (CHoCH), volume surged confirming buying (CVD), and a fairâvalue gap lines up with the order block, creating a strong POI. Price is holding the OB and the FVG overlap, giving a clean entry.
The 3% stop is relatively tight, so 5â8x leverage is appropriate.
Take partial profit at the first target around 1.7âŻR/R.
DYOR â this isn't financial advice, size your risk accordingly đ
$RLC #RLCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn
đą $RLC LONG đ
Entry â $1.0121-$1.0141
Stop â $0.982707 (-3.0%)
TP1 â $1.0283 (+1.5%)
TP2 â $1.0638 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke higher low (CHoCH), volume surged confirming buying (CVD), and a fairâvalue gap lines up with the order block, creating a strong POI. Price is holding the OB and the FVG overlap, giving a clean entry.
The 3% stop is relatively tight, so 5â8x leverage is appropriate.
Take partial profit at the first target around 1.7âŻR/R.
DYOR â this isn't financial advice, size your risk accordingly đ
$RLC #RLCUSDT #binancelaunchesbinanceintelligence #TradingSignals #Write2Earn