$RLC is holding strong near 0.8865 after a sharp push higher... 👀
Price broke above the rising TRENDLINE and is still trading above it.
Look at the recent move... strong candles with a clear VOLUME spike 📈
RESISTANCE is at 0.9434, the visible 24H HIGH.
A clean BREAKOUT above 0.9434 could open the door for further upside... ⚡️
But RSI(6) is around 77, showing short-term momentum is already stretched.
The rising TRENDLINE is the key nearby SUPPORT → watch how price reacts around it.
If price loses that SUPPORT ⇒ the bullish structure could weaken quickly 📉
For now, watch 0.9434 closely... rejection there keeps the range active, while a BREAKOUT changes the picture.
Follow for more chart analysis 😎
Price broke above the rising TRENDLINE and is still trading above it.
Look at the recent move... strong candles with a clear VOLUME spike 📈
RESISTANCE is at 0.9434, the visible 24H HIGH.
A clean BREAKOUT above 0.9434 could open the door for further upside... ⚡️
But RSI(6) is around 77, showing short-term momentum is already stretched.
The rising TRENDLINE is the key nearby SUPPORT → watch how price reacts around it.
If price loses that SUPPORT ⇒ the bullish structure could weaken quickly 📉
For now, watch 0.9434 closely... rejection there keeps the range active, while a BREAKOUT changes the picture.
Follow for more chart analysis 😎
