📈LONG: $RLC (1D)
#RLCUSDT 🟢
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Analysis:
The chart reveals a bullish impulse forming waves 1-5, followed by an ABC correction. Given this classic pattern, it suggests the possibility of another bullish wave, potentially leading to higher highs in the near future. This pattern is strong and implies a continuation in the upward trend.
Price Targets:
The next resistance areas are at around $2.50, $2.94, and $3.37. If the bullish wave materializes, prices might even reach up to $4.00. Keep an eye on these levels for potential entry and exit points.
