🚨 Heavy SHORT setup loading on $RLC (20x Leverage)
TP: $0.859
SL: $1.08
Why take this trade?
The initial pump already wiped out most of the aggressive shorts. Right now, market sentiment has lured in FOMO buyers near the peak.
The prime target now is the massive stop-loss liquidity sitting beneath us in the $0.86 – $0.83 region. A quick liquidity sweep to flush out these late longs looks highly probable.
Once selling pressure kicks in, expect a swift, sharp drop straight into that demand pool.
Definitely not watching this move from the sidelines.
Stay sharp, $RLC 📉
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