RLC is snapping lower, the price just busted the swing low and the momentum is screaming short.
๐ด $RLC SHORT ๐
Entry $0.965034-$0.966966 | SL $0.994980 (-3.0%) | TP1 $0.951510 (+1.5%) | TP2 $0.917700 (+5.0%) | R/R 1:1.7 | Conf 65%
A clean CHoCH broke the market structure, the CVD turned bearish confirming the sell pressure, while an FVG and a bullish order block sit right on top, creating a tight POI. The confluence of OB and FVG gives a highโprobability entry as the market rushes down.
A 3.0% stop is a bit tight on this volatility, so stick to 2โ3x leverage to keep risk in check.
Take half profit at the first target as the price hits the lower edge of the order block.
As always: manage your risk, this is not financial advice ๐
$RLC #RLCUSDT #ethereumsurpasses2500usdt #TradingSignals #Write2Earn
๐ด $RLC SHORT ๐
Entry $0.965034-$0.966966 | SL $0.994980 (-3.0%) | TP1 $0.951510 (+1.5%) | TP2 $0.917700 (+5.0%) | R/R 1:1.7 | Conf 65%
A clean CHoCH broke the market structure, the CVD turned bearish confirming the sell pressure, while an FVG and a bullish order block sit right on top, creating a tight POI. The confluence of OB and FVG gives a highโprobability entry as the market rushes down.
A 3.0% stop is a bit tight on this volatility, so stick to 2โ3x leverage to keep risk in check.
Take half profit at the first target as the price hits the lower edge of the order block.
As always: manage your risk, this is not financial advice ๐
$RLC #RLCUSDT #ethereumsurpasses2500usdt #TradingSignals #Write2Earn