$RLC Tests Resistance After Descending Triangle Consolidation
Following a strong rally, $RLC has been consolidating within a descending triangle pattern on the 30-minute chart.
Price is currently testing the upper resistance of the formation. A confirmed breakout could open the path for further upside momentum, with the next target levels coming into focus.
$RLC remains worth monitoring closely on the lower timeframes.
Following a strong rally, $RLC has been consolidating within a descending triangle pattern on the 30-minute chart.
Price is currently testing the upper resistance of the formation. A confirmed breakout could open the path for further upside momentum, with the next target levels coming into focus.
$RLC remains worth monitoring closely on the lower timeframes.