SHORT #RLCUSDT  from $3.5909 stop loss $3.6279 $RLC

30m TF. The RLC demonstrates local compression, where price maxima gradually decrease, forming a structure known as a "descending triangle". Several distinct support levels are visible, which were tested by several approaches when participants opened positions from them and accumulated a pool of liquidity behind them. I observe movement along these levels with an increase in volumes and activity in the order book before the breakdown.

#Cryptoz   & @CScalpEN