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I would expect a pullback first rather than blindly chasing higher.
RLC has gone from about $0.36 → $0.93 in roughly 2 days, an extreme move. �
CoinGecko +1
Your daily chart is very extended above MA(7), MA(25) and MA(99).
Volume has exploded, which confirms the move but also raises the risk of profit-taking.
Current RSI readings reported around 90 indicate an extremely overbought condition. �
CoinMarketCap
The order-book screenshot shows substantial sell liquidity above the current price, although order-book walls can disappear quickly.
My levels from your chart
Bullish continuation:
$0.9735 breakout → $1.00–$1.05 becomes the next area to watch.
Likely pullback:
First support around $0.85–$0.88.
If that breaks, $0.75–$0.80 could come quickly.
Bearish warning:
A strong rejection from $0.97 followed by loss of $0.85 would make a deeper retracement much more likely.
So at $0.926, my bias is ⚠️ pullback risk > fresh upside risk in the immediate term, even though the larger momentum is bullish.
#RCLUSDT
#ETHUp70%InQ3ButLiquidityFalls
I would expect a pullback first rather than blindly chasing higher.
RLC has gone from about $0.36 → $0.93 in roughly 2 days, an extreme move. �
CoinGecko +1
Your daily chart is very extended above MA(7), MA(25) and MA(99).
Volume has exploded, which confirms the move but also raises the risk of profit-taking.
Current RSI readings reported around 90 indicate an extremely overbought condition. �
CoinMarketCap
The order-book screenshot shows substantial sell liquidity above the current price, although order-book walls can disappear quickly.
My levels from your chart
Bullish continuation:
$0.9735 breakout → $1.00–$1.05 becomes the next area to watch.
Likely pullback:
First support around $0.85–$0.88.
If that breaks, $0.75–$0.80 could come quickly.
Bearish warning:
A strong rejection from $0.97 followed by loss of $0.85 would make a deeper retracement much more likely.
So at $0.926, my bias is ⚠️ pullback risk > fresh upside risk in the immediate term, even though the larger momentum is bullish.
#RCLUSDT
#ETHUp70%InQ3ButLiquidityFalls
