🚨 $RLC — DON’T SHORT THE OBVIOUS TOP
$RLC is already up 100%+ in less than 24H, so naturally everyone is calling for a dump.
But that’s exactly where I’d be careful. 👀
My feed is packed with SHORT calls, while on-chain activity is still showing aggressive buying.
When retail piles into shorts against strong demand, things can get ugly fast.
I’ve seen this setup before:
Everyone shorts the “top” → price keeps pushing → shorts get liquidated → momentum accelerates. 📈
If $RLC pushes toward $1+ in the next few hours, I wouldn’t be surprised.
Not saying to blindly long.
Just don’t become exit liquidity because the entire timeline is yelling SHORT.
DYOR & manage your risk.
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #Write2Earn
$RLC is already up 100%+ in less than 24H, so naturally everyone is calling for a dump.
But that’s exactly where I’d be careful. 👀
My feed is packed with SHORT calls, while on-chain activity is still showing aggressive buying.
When retail piles into shorts against strong demand, things can get ugly fast.
I’ve seen this setup before:
Everyone shorts the “top” → price keeps pushing → shorts get liquidated → momentum accelerates. 📈
If $RLC pushes toward $1+ in the next few hours, I wouldn’t be surprised.
Not saying to blindly long.
Just don’t become exit liquidity because the entire timeline is yelling SHORT.
DYOR & manage your risk.
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #Write2Earn
