đš $RLC went 4x in 4 days. Trap or run?
RLC pumped from $0.36 to $1.49 since Oct 4, then got sharply rejected from the top. Now sitting near $1.07.
No major news behind the move. Open interest jumped ~1,760% in a day, so this is mostly futures-driven. Moves like this can unwind fast.
đ Bullish if: 1h close above $1.10 â $1.20 â $1.29
đ Bearish if: loses $1.00 â $0.91 â $0.87
âžïž Between $1.00 â $1.10 = chop zone, no trade
Don't chase green candles after a 4x. Let the level confirm.
Are you buying this dip or waiting for $0.90? đ
#RLC #Altcoins #Write2Earn #CryptoAnalysis"
Not financial advice âą DYOR
RLC pumped from $0.36 to $1.49 since Oct 4, then got sharply rejected from the top. Now sitting near $1.07.
No major news behind the move. Open interest jumped ~1,760% in a day, so this is mostly futures-driven. Moves like this can unwind fast.
đ Bullish if: 1h close above $1.10 â $1.20 â $1.29
đ Bearish if: loses $1.00 â $0.91 â $0.87
âžïž Between $1.00 â $1.10 = chop zone, no trade
Don't chase green candles after a 4x. Let the level confirm.
Are you buying this dip or waiting for $0.90? đ
#RLC #Altcoins #Write2Earn #CryptoAnalysis"
Not financial advice âą DYOR