$RLC s displaying a bullish breakout-continuation structure after clearing local descending trendline resistance on the 4H chart with a major volume expansion. The supplied data also shows significantly higher open interest while funding remains positive but stable. The $0.5100–$0.5350 zone provides the stated entry area, with $0.4650 as structural invalidation. High localized volatility and aggressive profit-taking remain key risks.
📈 Bias: Bullish | 🎯 Entry: $0.5100–$0.5350 | 🛡 Support: $0.4800 / $0.4400 | 🚧 Resistance: $0.6100 / $0.6700 | 🎯 Targets: $0.6000 / $0.6500 / $0.7200 | ❌ Invalidation: Close below $0.4650
Strategy: Pullback or confirmation entry around the supplied zone following the breakout.
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