📊 RLC Technical Analysis & Setup
RLC rides a solid 11.6% wave with volume near 2x as momentum lines up with higher highs across multiple timeframes, showing structural strength.
• Key Support / Demand: 0.9560–0.92 order block, with deeper buyers at 0.9191
• Resistance / Supply Targets: 1.1311 liquidity run, 1.1436, and major resistance at 1.1985
• Trigger / Confirmation: Clean reclaim of 1.01-1.02, or a bullish bounce/engulfing candle in the 0.92-0.96 demand zone
• Risk / Invalidation: 1h candle close below 0.9435 flips structure bearish
• Market Execution: Open Interest at $13.3M (+8.5% 24h) with negative funding (-0.1893%) suggesting healthy positioning
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #RLC #Trading
$NEAR
RLC rides a solid 11.6% wave with volume near 2x as momentum lines up with higher highs across multiple timeframes, showing structural strength.
• Key Support / Demand: 0.9560–0.92 order block, with deeper buyers at 0.9191
• Resistance / Supply Targets: 1.1311 liquidity run, 1.1436, and major resistance at 1.1985
• Trigger / Confirmation: Clean reclaim of 1.01-1.02, or a bullish bounce/engulfing candle in the 0.92-0.96 demand zone
• Risk / Invalidation: 1h candle close below 0.9435 flips structure bearish
• Market Execution: Open Interest at $13.3M (+8.5% 24h) with negative funding (-0.1893%) suggesting healthy positioning
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #RLC #Trading
$NEAR