$RLC USDT has made a very sharp move, gaining more than 100% in 24 hours, so I’m watching the current zone carefully. The price is near the 0.97 resistance area, which is also the recent high. If RLC gets rejected around 0.97–1.00 and starts losing momentum, I would look for a short after confirmation rather than entering immediately. The first important support is around 0.86, and if that breaks with strong selling volume, the next levels to watch are around 0.72 and 0.57. The reason for this setup is the huge vertical pump and the possibility of profit-taking after such an aggressive move.
$BR
$MOVR
$BR
$MOVR