$RLC is pushing higher again and testing the $1.08 area... đđ
On the 4H chart, buyers are trying to regain momentum after the recent pullback.
Price is now around $1.0833 â bulls are back in action.
RESISTANCE near $1.10 to $1.12 is the next area to watch.
A BREAKOUT above $1.12 could open the door for another move higher. đ„
But if price gets rejected here, a pullback toward $1.00 could come into focus.
SUPPORT around $0.92 is another important area if selling pressure increases.
What do you think, guys? Can RLC break $1.12, or will sellers step in?
Watch the $1.00 support and $1.12 resistance... losing support would weaken the bullish move.
Follow for more chart analysis đ
On the 4H chart, buyers are trying to regain momentum after the recent pullback.
Price is now around $1.0833 â bulls are back in action.
RESISTANCE near $1.10 to $1.12 is the next area to watch.
A BREAKOUT above $1.12 could open the door for another move higher. đ„
But if price gets rejected here, a pullback toward $1.00 could come into focus.
SUPPORT around $0.92 is another important area if selling pressure increases.
What do you think, guys? Can RLC break $1.12, or will sellers step in?
Watch the $1.00 support and $1.12 resistance... losing support would weaken the bullish move.
Follow for more chart analysis đ