#RLC/USDT chart #ANALYSIS - 1D
After a corrective move of -58% from its previous swing high, $RLC has regained support levels above the 200#EMA and bounced off from there, forming a double bottom pattern. Currently, the price is consolidating over it and expected to continue its bullish momentum soon. Wait for the breakout of the $3.485 level to go long. The previous swing high will be tested.
Entry : $3.485
Target : $4.766
SL : $2.785