$RLC is losing momentum after the spike to $0.8455. The breakout is still fresh, but price slipping below MA7 gives sellers a cleaner setup here. đ
$RLC/USDT | SHORT
Entry: $0.735â$0.750
SL: $0.785
TP1: $0.713
TP2: $0.703
TP3: $0.670 đŻ
Why this setup?
âą Strong rejection from $0.8455.
âą Price has dropped back below MA7 ($0.7447).
âą Breakout volume is fading, while selling candles are appearing.
âą $0.703 is the key support and MA25 zone.
â ïž Invalidation: 1H close above $0.785.
$0.703 breaks â deeper retracement.
$0.750 reclaimed â short setup weakens. đ
$ETH
$BNB
#HadiaBTC #Cryptotrading #TechnicalAnalysis
$RLC/USDT | SHORT
Entry: $0.735â$0.750
SL: $0.785
TP1: $0.713
TP2: $0.703
TP3: $0.670 đŻ
Why this setup?
âą Strong rejection from $0.8455.
âą Price has dropped back below MA7 ($0.7447).
âą Breakout volume is fading, while selling candles are appearing.
âą $0.703 is the key support and MA25 zone.
â ïž Invalidation: 1H close above $0.785.
$0.703 breaks â deeper retracement.
$0.750 reclaimed â short setup weakens. đ
$ETH
$BNB
#HadiaBTC #Cryptotrading #TechnicalAnalysis