$RLC
# š„ BIG PUMP, BUT IS A PULLBACK NEXT? š»š
After a massive rally, $RLC faced rejection near $0.98, making the short-term outlook more cautious. Price has already pulled back, and buyers are struggling to reclaim higher levels. š
š Bearish Setup I'm Watching:
š Potential Entry Zone: $0.9100ā$0.9500
šÆ TP1: $0.8900
šÆ TP2: $0.8700
šÆ TP3: $0.8513
š Stop Loss (SL): $0.9880
š» What Could Trigger More Downside?
If below $0.8900 and holds below it, selling pressure could increase toward $0.8700 and then $0.8513.
ā ļø A recovery above $0.9512 could weaken this bearish scenario. I'm watching for price confirmation rather than entering without a clear signal.
š„ , was that a genuine breakout or just another pump that could trap late buyers?
Risk management is essential. These levels are potential scenarios, not guaranteed outcomes.
# š„ BIG PUMP, BUT IS A PULLBACK NEXT? š»š
After a massive rally, $RLC faced rejection near $0.98, making the short-term outlook more cautious. Price has already pulled back, and buyers are struggling to reclaim higher levels. š
š Bearish Setup I'm Watching:
š Potential Entry Zone: $0.9100ā$0.9500
šÆ TP1: $0.8900
šÆ TP2: $0.8700
šÆ TP3: $0.8513
š Stop Loss (SL): $0.9880
š» What Could Trigger More Downside?
If below $0.8900 and holds below it, selling pressure could increase toward $0.8700 and then $0.8513.
ā ļø A recovery above $0.9512 could weaken this bearish scenario. I'm watching for price confirmation rather than entering without a clear signal.
š„ , was that a genuine breakout or just another pump that could trap late buyers?
Risk management is essential. These levels are potential scenarios, not guaranteed outcomes.