🚨 BIG SHORT on $RLC — 20x leverage
TP: $0.755
SL: $1.54
Why short after such a huge pump? 👇
Because the fuel behind this move may already be spent:
🔻 Shorts got squeezed out and the liquidity sitting above has largely been cleared
🔻 On-chain data is starting to show larger wallets selling near these highs
🔻 Vertical pump + big holders taking profit = reversals that hit fast
Late buyers see green candles and think there's more upside. I'm watching for the opposite.
If selling keeps building, $RLC can unwind sharply back to where this breakout started.
⚠️ High-risk setup, so I'm keeping risk controlled. Not financial advice.
The pump squeezed the shorts. Now, does the market squeeze the late buyers? 👀
Are you shorting or still riding it? Tell me below 👇
#RLC #Crypto #Binance #Futures
TP: $0.755
SL: $1.54
Why short after such a huge pump? 👇
Because the fuel behind this move may already be spent:
🔻 Shorts got squeezed out and the liquidity sitting above has largely been cleared
🔻 On-chain data is starting to show larger wallets selling near these highs
🔻 Vertical pump + big holders taking profit = reversals that hit fast
Late buyers see green candles and think there's more upside. I'm watching for the opposite.
If selling keeps building, $RLC can unwind sharply back to where this breakout started.
⚠️ High-risk setup, so I'm keeping risk controlled. Not financial advice.
The pump squeezed the shorts. Now, does the market squeeze the late buyers? 👀
Are you shorting or still riding it? Tell me below 👇
#RLC #Crypto #Binance #Futures