$RLC /USDT Technical Analysis

🔹 Current Price: $2.456

🔹 24h Change: +7.25%

🔹 Trend: Bullish Momentum

Key Indicators:

1. Support Levels:

Immediate Support: $2.278 (24h low)

Strong Support: $2.180 (Previous consolidation zone)

2. Resistance Levels:

Immediate Resistance: $2.613 (24h high)

Major Resistance: $2.750

3. RSI: Trending at 60, showing bullish momentum but nearing overbought conditions.

4. Moving Averages:

50 EMA: $2.35 (acting as dynamic support)

200 EMA: $2.20 (long-term bullish confirmation)

Trade Signal

Entry Zone: $2.45 – $2.48

Targets 🎯:

Target 1: $2.60

Target 2: $2.75

Target 3: $3.00

Stop-Loss: $2.27 (below key support level)

Trade Momentum:

Short-Term: Bullish (Riding strong 24h volume and breakout potential).

Mid-Term: Cautious Bullish (Monitor RSI for overbought signals).

📌 Strategy: Breakout traders can aim for $2.60 and $2.75, while swing traders can hold for $3.00. Ensure risk management with a tight stop-loss!

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