đš $RLC â Short Setup | Weak Bounce in a Downtrend (1h)
RLC trades near $0.5450, up about 3% in 24h but down roughly 27% over 7 days, after a steep slide from $0.69 toward the $0.5153 low. On the 1h chart every bounce has made a lower high, and the $0.5600â$0.5650 zone that capped the last rebound is the level to watch. A weak bounce into it is a cleaner short than selling near the low.
đ Short Entry: $0.5580â$0.5620 (limit order on bounce)
đŻ TP1: $0.5300
đŻ TP2: $0.5150
đ SL: Above $0.5720
Setup: Lower highs + weak bounce. If $0.5720 breaks on a 1H close, skip the trade. A close below $0.5153 would extend the drop, so don't chase it.
Do you think $RLC breaks the $0.5153 low, or bounces from here? đ
â ïž Not financial advice. Volume is only about $12M, so expect wide swings. Use low leverage and strict risk management.
â ANiii Trader Analysis đ
đ Click to Open Trade
$DOOD
RLC trades near $0.5450, up about 3% in 24h but down roughly 27% over 7 days, after a steep slide from $0.69 toward the $0.5153 low. On the 1h chart every bounce has made a lower high, and the $0.5600â$0.5650 zone that capped the last rebound is the level to watch. A weak bounce into it is a cleaner short than selling near the low.
đ Short Entry: $0.5580â$0.5620 (limit order on bounce)
đŻ TP1: $0.5300
đŻ TP2: $0.5150
đ SL: Above $0.5720
Setup: Lower highs + weak bounce. If $0.5720 breaks on a 1H close, skip the trade. A close below $0.5153 would extend the drop, so don't chase it.
Do you think $RLC breaks the $0.5153 low, or bounces from here? đ
â ïž Not financial advice. Volume is only about $12M, so expect wide swings. Use low leverage and strict risk management.
â ANiii Trader Analysis đ
đ Click to Open Trade
$DOOD
