📊 Market Update: RLC/USDT

iExec RLC ($RLC )

Price: $2.398

Change: +21.97% 📈

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🔍 Market Analysis:

Trend: Strong bullish momentum with high trading activity.

Support Zone: $2.10

Resistance Levels:

Immediate: $2.50

Next: $2.75

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🎯 Trading Strategy:

1️⃣ Entry Zone: $2.30 - $2.40

2️⃣ Target Levels:

TP1: $2.50 (+4.3%)

TP2: $2.70 (+12.6%)

3️⃣ Stop Loss: $2.15 (-10%)

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💡 Insights:

Ideal for short-term trading due to rapid price movement.

Monitor RSI for overbought conditions before entry.

Fundamental news could drive additional price action.

🚨 Note: Exercise caution during volatile market phases. Always prioritize risk management.