Price broke the descending trendline and tried to recover. Now it’s pressing into a heavy supply zone around 0.72 to 0.78. This is where momentum either proves itself or stalls.
If buyers step in with strength and flip this zone, I’m watching a clean expansion toward 0.93 first, then 1.15. That’s where things get explosive.
If price gets rejected here, I’m expecting chop or a controlled pullback toward the 0.65 support. No panic, just structure doing its job.
This zone decides the next move. I’m locked in and watching closely.
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$RLC IS AT A DECISION POINT
Price broke the descending trendline and tried to recover. Now it’s pressing into a heavy supply zone around 0.72 to 0.78. This is where momentum either proves itself or stalls.
If buyers step in with strength and flip this zone, I’m watching a clean expansion toward 0.93 first, then 1.15. That’s where things get explosive.
If price gets rejected here, I’m expecting chop or a controlled pullback toward the 0.65 support. No panic, just structure doing its job.
This zone decides the next move. I’m locked in and watching closely.