$RLC Aggressive Short Setup
Entry: $0.620โ$0.645
TP1: $0.585
TP2: $0.530
TP3: $0.450
Stop Loss: $0.675
Major resistance: $0.648โ$0.675
Major support: $0.585 / $0.530 / $0.450
Confirmation: Prefer the short only after a 1H rejection/close back below $0.616. If RLC breaks and holds above $0.648โ$0.675, the short setup is invalid and momentum could continue higher.
Alternative long: A confirmed 1H breakout above $0.648 with strong volume could target $0.70+, but I would avoid chasing the current candle.
RLC is the Ethereum-based token of iExec, a project focused on decentralized computing resources and privacy-oriented applications. ๏ฟฝ
Revolut +1
โ ๏ธ High risk: The chart has already moved +77.8% in 24h. Use small position sizing and strict risk control. This is technical analysis, not a guaranteed prediction or financial advice.
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