$RLC Technical Analysis
Current area: around $0.64–$0.70
24h high: ~$0.73
24h low: ~$0.36
$RLC has jumped roughly 80–90% in 24 hours, with a massive volume increase. �
CoinMarketCap +1
Previous daily resistance around $0.38–$0.39 has been completely broken. �
ChartExchange
🔴 Important resistance
$0.70–$0.73 → major immediate resistance.
If price gets a 4H candle close above $0.73 with strong volume, the next potential zones are approximately:
$0.78 → $0.85 → $0.95–$1.00
🟢 Support zones
$0.60–$0.62 → first support
$0.55–$0.58 → stronger support
$0.48–$0.52 → deeper pullback zone
$0.38–$0.40 → major previous breakout area
⚠️ My trading view
Because
$RLC has already made an enormous move, I would NOT chase a market BUY around $0.70+.
Better LONG setup:
Entry: $0.58–$0.63 after bullish confirmation
SL: below $0.54
TP1: $0.70
TP2: $0.78
TP3: $0.85–$0.95
Breakout setup:
Wait for 4H close above $0.73
Then retest/hold $0.70–$0.72
LONG toward $0.78–$0.85
SHORT: Only consider if RLC gets rejected strongly around $0.70–$0.73 and then loses $0.60 with volume.
#RLCSHORT #rlcusdt #rlctothemoon #RLCSetup #rlctothemoon