🚀 $RLS — Panic Dump Absorbed, Bounce Potential
$RLS just went through a violent flush from 0.0164 → 0.01346 and is now stabilizing around 0.01417.
That long downside wick is key — it shows aggressive buy-side absorption and strong hands stepping in while weak hands already got shaken out.
Moves like this often lead to fast, sharp recoveries once selling pressure is exhausted.
📈 Trade Plan
Entry Zone: 0.0140 – 0.0143
🎯 Targets:
• TP1: 0.0153
• TP2: 0.0166
• TP3: 0.0182
🛑 Stop Loss: 0.0132
📌 Bias:
As long as price holds above the wick base, upside continuation remains in play.
This is where strong hands position — fear already did its job.
Trade the reaction, not the panic 📊🔥
