RLC is ripping higher on the 5‑minute, punching above the 50‑EMA with bullish pressure. The price is carving out a fresh swing low, primed for a breakout.
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$RLC LONG 📈
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📍 Entry Range: $0.530469 – $0.531531
🛑 Stop Loss: $0.515070 (-3.0%)
🎯 TP1: $0.538965 (+1.5%)
🏆 TP2: $0.557550 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A clear CHoCH on the swing low paired with a bullish CVD spike confirms buying pressure. The FVG sits right inside a fresh order block, and a liquidity sweep cleared the short side. The POI confluence of the OB and FVG gives a high‑probability entry.
A 3.0% stop is fairly tight on this volatility, so stick to 5‑10x max leverage.
Take half profit at the first target around 1.7 R/R before letting the remainder run.
Not financial advice — trade only what you can afford to lose 🙏
$RLC #RLCUSDT #SMC #TradingSignals #Write2Earn