Technical analysis by CryptoAnalystSignal about Symbol RLC: Buy recommendation (6/4/2025)

#RLCThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.995.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are heading toward stability above the 100 Moving Average.Entry price: 1.028First target: 1.063Second target: 1.102Third target: 1.152