$RLC is facing strong SELLING pressure on the 4H chart, down 10.24% as price slides toward $0.82 đ
The trend is moving DOWN with lower highs forming... sellers are still in control.
Look at this area đ $0.78 is the key SUPPORT visible from the 24H low.
RSI(6) is around 22.22 â showing heavily oversold momentum.
But oversold doesnât guarantee a bounce... â ïž
If $0.78 holds, RLC could attempt a short-term recovery.
If $0.78 breaks â further downside pressure could follow.
For a bounce, watch how price reacts around $0.82 and whether buyers step in.
A move back toward $0.95 could bring the next RESISTANCE into focus đŻ
Follow for more analysis đ
The trend is moving DOWN with lower highs forming... sellers are still in control.
Look at this area đ $0.78 is the key SUPPORT visible from the 24H low.
RSI(6) is around 22.22 â showing heavily oversold momentum.
But oversold doesnât guarantee a bounce... â ïž
If $0.78 holds, RLC could attempt a short-term recovery.
If $0.78 breaks â further downside pressure could follow.
For a bounce, watch how price reacts around $0.82 and whether buyers step in.
A move back toward $0.95 could bring the next RESISTANCE into focus đŻ
Follow for more analysis đ