$RLS – Dead cat bounce or real reversal? Right now it looks like a trap.

Trading plan Short $RLS

Entry: 0.0036 – 0.0039

SL: 0.0049

TP1: 0.0030

TP2: 0.0025

TP3: 0.0021

Trade $RLS here 👇

RLS
RLSUSDT
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Price ran up into this zone but is beginning to lose momentum. The upside isn’t extending cleanly anymore, and each push is getting weaker. When a rally starts to stall near highs like this, it often signals exhaustion and sets up for a pullback as sellers step in.