$RLC rips +67% — but is the top in?
After a massive vertical surge from $0.36, $RLC has hit a hard wall at the $0.9703 high. Price is now pulling back and consolidating near $0.9179, and your chart shows an active short position (PNL -2.0482) taken right at that peak.
Market Direction: BEARISH
Entry: $0.920 – $0.940
SL: $0.975 (above the 24h high)
TP1:$0.800
Watch for a clean breakdown below $0.900 to confirm the pullback is gaining momentum.
After a massive vertical surge from $0.36, $RLC has hit a hard wall at the $0.9703 high. Price is now pulling back and consolidating near $0.9179, and your chart shows an active short position (PNL -2.0482) taken right at that peak.
Market Direction: BEARISH
Entry: $0.920 – $0.940
SL: $0.975 (above the 24h high)
TP1:$0.800
Watch for a clean breakdown below $0.900 to confirm the pullback is gaining momentum.
