$RLUSD /USDT — Range Breakdown Short Setup
Price is stuck in a tight consolidation near 1.0000 after a weak bounce. Structure remains flat-to-bearish with price trading below mid moving averages and failing to gain strength.
Entry (Sell): 1.0001 – 1.0003
Stop Loss: 1.0005
Take Profits:
TP1: 0.9998
TP2: 0.9995
TP3: 0.9990
Price is rejecting near resistance repeatedly with low momentum. Breakdown below range support can trigger a slow bleed to downside.
Let’s go $RLUSD