๐ง MY TAKE for $RLC
The data strongly suggests that this move is being amplified by massive volume + aggressive futures positioning + short covering.
However, the screenshot alone cannot confirm a specific fundamental/news catalyst behind the initial RLC breakout.
The important levels now:
๐ด Resistance: $0.97โ$1.00
๐ก Near support: $0.85
๐ข Major support: $0.68โ$0.70
RLC is now a coin to WATCH โ not blindly chase.
Would you short this after a +125% move, or wait for a breakout above $1? ๐
#Dwyor #NFAโ
The data strongly suggests that this move is being amplified by massive volume + aggressive futures positioning + short covering.
However, the screenshot alone cannot confirm a specific fundamental/news catalyst behind the initial RLC breakout.
The important levels now:
๐ด Resistance: $0.97โ$1.00
๐ก Near support: $0.85
๐ข Major support: $0.68โ$0.70
RLC is now a coin to WATCH โ not blindly chase.
Would you short this after a +125% move, or wait for a breakout above $1? ๐
#Dwyor #NFAโ