$RLC â Sellers Are Taking Control đ
RLC is showing weakness after its recent rally. Price has pulled back sharply from the highs, and buyers still need to prove that they can regain control.
I'm watching the $0.845â$0.850 support zone closely. If sellers break this area with strong volume, further downside could follow. Any bounce toward $0.90â$0.94 may face resistance unless buyers reclaim those levels.
For now, I'm cautious about chasing longs. A weak bounce doesn't automatically mean a trend reversal.
Will RLC break support or surprise the bears with a recovery? đ
#RLC #iExec #BearishTrendb #CryptoTrading. #BinanceSquareFamily
RLC is showing weakness after its recent rally. Price has pulled back sharply from the highs, and buyers still need to prove that they can regain control.
I'm watching the $0.845â$0.850 support zone closely. If sellers break this area with strong volume, further downside could follow. Any bounce toward $0.90â$0.94 may face resistance unless buyers reclaim those levels.
For now, I'm cautious about chasing longs. A weak bounce doesn't automatically mean a trend reversal.
Will RLC break support or surprise the bears with a recovery? đ
#RLC #iExec #BearishTrendb #CryptoTrading. #BinanceSquareFamily