$RLC — Heavy Rejection After Massive Pump
Short $RLC
Entry: $0.83 – $0.88
SL: $0.94
TP: $0.78 - $0.70 - $0.62 - $0.55
Explanation: RLC has made an explosive +53% move and is now showing rejection from the $1.0780 high, with price pulling back toward the middle Bollinger Band. Continued weakness below the $0.83 area could trigger a deeper correction toward the lower targets. Avoid the short if price strongly reclaims the recent high.
Disclaimer: This is only my personal opinion, not investment advice. Always manage your risk.
Trade $RLC Here 👇
Short $RLC
Entry: $0.83 – $0.88
SL: $0.94
TP: $0.78 - $0.70 - $0.62 - $0.55
Explanation: RLC has made an explosive +53% move and is now showing rejection from the $1.0780 high, with price pulling back toward the middle Bollinger Band. Continued weakness below the $0.83 area could trigger a deeper correction toward the lower targets. Avoid the short if price strongly reclaims the recent high.
Disclaimer: This is only my personal opinion, not investment advice. Always manage your risk.
Trade $RLC Here 👇