$RLC is the trade the market talked about all week and it is still going. $1.04 now, up about 17% on the day, with a 24h range from $0.87 to $1.20. That is real two-way action, not a thin pump.
The fuse was a short squeeze, $3.57M in short liquidations with derivatives OI up over 1,500% this week (per CoinCodex). But the move stuck because the narrative finally has substance: iExec's confidential computing and TEE work for decentralized AI agents is an actual product line, not a whitepaper promise. AI-adjacent infra is where capital is rotating right now.
$1.04 is the line in the sand. Hold it and the $1.36-$1.50 targets stay on the table; lose it and $0.85 comes into view. Spot is holding the breakout, so this has graduated from squeeze story to trend story. Watching.
The fuse was a short squeeze, $3.57M in short liquidations with derivatives OI up over 1,500% this week (per CoinCodex). But the move stuck because the narrative finally has substance: iExec's confidential computing and TEE work for decentralized AI agents is an actual product line, not a whitepaper promise. AI-adjacent infra is where capital is rotating right now.
$1.04 is the line in the sand. Hold it and the $1.36-$1.50 targets stay on the table; lose it and $0.85 comes into view. Spot is holding the breakout, so this has graduated from squeeze story to trend story. Watching.