🧠 MY TAKE for $RLC
The data strongly suggests that this move is being amplified by massive volume + aggressive futures positioning + short covering.
However, the screenshot alone cannot confirm a specific fundamental/news catalyst behind the initial RLC breakout.
The important levels now:
🔴 Resistance: $0.97–$1.00
🟡 Near support: $0.85
🟢 Major support: $0.68–$0.70
RLC is now a coin to WATCH — not blindly chase.
Would you short this after a +125% move, or wait for a breakout above $1? 👀
#Dwyor #NFA✅
The data strongly suggests that this move is being amplified by massive volume + aggressive futures positioning + short covering.
However, the screenshot alone cannot confirm a specific fundamental/news catalyst behind the initial RLC breakout.
The important levels now:
🔴 Resistance: $0.97–$1.00
🟡 Near support: $0.85
🟢 Major support: $0.68–$0.70
RLC is now a coin to WATCH — not blindly chase.
Would you short this after a +125% move, or wait for a breakout above $1? 👀
#Dwyor #NFA✅