RLC/USDT Lose Moment to upward, Keep an eye on the OB or demand.
💎 RLC has recently encountered significant developments in the market. There is potential for RLC to retest the Bullish OB around $3.55 before resuming its upward movement and possibly reaching our target area.
💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8.
💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.
💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8.
💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.
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