$RLC BULLISH RECOVERY SETUP — WATCHING FOR 1.25
$RLC is showing signs of stabilization after its recent rejection near 1.4887. Buyers are stepping in around the 1.00–1.05 zone, making this an important area to watch for a potential recovery.
LONG SETUP
Entry: 1.08–1.11
TP1: 1.16
TP2: 1.21
TP3: 1.25
Stop Loss: 0.9870
My focus is on how price reacts around the 1.00 support zone. If buyers maintain control and RLC breaks above 1.16 with strength, the next targets could be 1.21 and 1.25.
A breakdown below 0.9870 would invalidate this setup, so risk management is important.
Watching $RLC closely for the next move. Trade carefully and wait for confirmation before entering.
$RLC is showing signs of stabilization after its recent rejection near 1.4887. Buyers are stepping in around the 1.00–1.05 zone, making this an important area to watch for a potential recovery.
LONG SETUP
Entry: 1.08–1.11
TP1: 1.16
TP2: 1.21
TP3: 1.25
Stop Loss: 0.9870
My focus is on how price reacts around the 1.00 support zone. If buyers maintain control and RLC breaks above 1.16 with strength, the next targets could be 1.21 and 1.25.
A breakdown below 0.9870 would invalidate this setup, so risk management is important.
Watching $RLC closely for the next move. Trade carefully and wait for confirmation before entering.