๐ $RLC /USDT โ AI-Powered Bounce Setting Up for a Run! ๐ฅ
$RLC is trading around $1.2692, bouncing strongly off its ascending trendline after a liquidity dip below key supportโsuggesting a bullish retest and possible move higher.
๐ Trade Details:
โข Entry Zone: Around $1.2689
โข Target: $1.3776
โข Stop Loss: $1.2413
โข Risk/Reward: 1:4+ โ a highly attractive setup
โข Technical Note: Trendline respected and structure reclaimed
Why Looks Promising:
โข AI & Decentralized Computing Play: As AI adoption grows, iExec ($RLC) benefits from its role in powering decentralized cloud and compute solutions.
โข Strong Partnerships: Collaborations with major players like Intel, plus enterprise Web3 infrastructure development, highlight its real-world use.
โข Undervalued AI Token: Still flying under the radar compared to other AI tokens, with solid tokenomics and genuine utility.
๐ง Strategic View:
This is a prime dip-buying opportunity. The price just confirmed support from both a trendline and horizontal zone. As long as $1.24 holds, bulls have the upper hand.
๐ข Final Thoughts:
AI + Web3 is a high-potential comboโand is positioned to benefit. If momentum continues, $1.38 could be just the start.
Smart entries win. Letโs ride the AI wave!
