📊 Market Update: #RLC/USDT Analysis 📉
We're observing a symmetrical triangle pattern forming in the #RLC/USDT pair on the 3-hour chart. The price is currently testing the support zone highlighted in green, suggesting a potential point of interest for traders.
Key Levels to Watch:
Support Zone: ~$1.45 (highlighted in green)
Resistance Level: ~$1.506 (upper trendline)Target Zones:
Potential Upside: ~$1.753
Potential Downside: ~$1.368
This setup could indicate a breakout in either direction, so risk management is crucial. Traders should keep an eye on volume and price action confirmation before considering entries.
Stay updated with market movements and trade responsibly! #TetherAEDLaunch #doge #pepe #btc
