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$RLC



RLC/USDT Technical Analysis 📈

This chart presents a clean and structured technical analysis for the RLC/USDT pair on the 1D timeframe. Key focus has been placed on identifying critical support and resistance levels, along with potential trend developments.

✅ Key Levels:

Resistance zones: $3.07 and $3.70
Support zones: $2.21 and $1.79
✅ Trend Insights:

The chart highlights a possible "Cup and Handle" formation, suggesting a potential bullish breakout in the mid-to-long term.
Downward trendlines are currently exerting pressure, but a breakout above these lines could signal the start of a new bullish trend.
🎯 Objective:
This analysis focuses on maintaining clarity and emphasizing key market zones to assist in making informed trading decisions.

What’s your perspective on this setup? Share your thoughts below! 👇

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