RLC is crumbling under fresh sell pressure as the market pivots lower, with the 4-hour chart screaming for a break. Volume is drying up, leaving the token vulnerable to a sharp dip.
🔴 $RLC SHORT 📉
Entry → $0.980219-$0.982181
Stop → $1.0106 (-3.0%)
TP1 → $0.966482 (+1.5%)
TP2 → $0.932140 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH on the 4-hour frame knocked out the last swing high, while a bullish CVD turned bearish confirming the move. A fair value gap lines up right under the broken order block, creating a POI where the OB and FVG overlap, so the structure now reads a clean downtrend.
A 3% stop is fairly tight for this volatility, so keeping leverage at or below 3× is prudent.
Take half off the table once price hits the first target around 1.7 R/R.
Not financial advice — trade only what you can afford to lose 🙏
$RLC #RLCUSDT #FSBWarnsCrossBorderStablecoinRulesRemainUnderdeveloped #TradingSignals #Write2Earn
🔴 $RLC SHORT 📉
Entry → $0.980219-$0.982181
Stop → $1.0106 (-3.0%)
TP1 → $0.966482 (+1.5%)
TP2 → $0.932140 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH on the 4-hour frame knocked out the last swing high, while a bullish CVD turned bearish confirming the move. A fair value gap lines up right under the broken order block, creating a POI where the OB and FVG overlap, so the structure now reads a clean downtrend.
A 3% stop is fairly tight for this volatility, so keeping leverage at or below 3× is prudent.
Take half off the table once price hits the first target around 1.7 R/R.
Not financial advice — trade only what you can afford to lose 🙏
$RLC #RLCUSDT #FSBWarnsCrossBorderStablecoinRulesRemainUnderdeveloped #TradingSignals #Write2Earn