$RLC — Sellers Are Taking Control 📉
RLC is showing weakness after its recent rally. Price has pulled back sharply from the highs, and buyers still need to prove that they can regain control.
I'm watching the $0.845–$0.850 support zone closely. If sellers break this area with strong volume, further downside could follow. Any bounce toward $0.90–$0.94 may face resistance unless buyers reclaim those levels.
For now, I'm cautious about chasing longs. A weak bounce doesn't automatically mean a trend reversal.
Will RLC break support or surprise the bears with a recovery? 👀
#RLC #iExec #BearishTrendb #CryptoTrading. #BinanceSquareFamily