Technical analysis by CryptoAnalystSignal about Symbol RLC: Buy recommendation (6/4/2025)
https://sahmeto.com/message/3580060

CryptoAnalystSignal
Rank: 30933
Analytical Power:
1.2
#RLC/USDT
Buy
Price at Publish Time:
$1.03
Profit Target:
(+11.87%)$1.15
Stop Loss Price:
(-3.37%)$0.995

#RLC The 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: 1.028 First target: 1.063 Second target: 1.102 Third target: 1.152#RLC First target: 1.063 Reached Second target: 1.102 Reached Third target: 1.152 Reached
Source Message: TradingView