⚠️ $RLS
USDT – Downtrend Persists, Resistance Holding Strong
Current Price: 0.014062
24h Change: -10.45% 🔻
24h High: 0.016329 | 24h Low: 0.013722
Trend: Bearish, trading below MA7, MA25, and MA99 with steady selling pressure.
🎯 Trade Idea: SHORT on Resistance Retest
Entry: 0.01420–0.01450 (testing MA7 and previous breakdown level)
Take Profit:
✅ TP1: 0.01372 (24h low)
✅ TP2: 0.01340 (next support zone)
Stop Loss: 0.01520 (above MA25 and recent consolidation high)
📊 Indicators:
• MA7: 0.014221 (immediate resistance)
• MA25: 0.015074 (key resistance)
• MA99: 0.017347 (major trend resistance)
• Elevated volume confirms sellers in control
⚠️ Risk Note: This asset is in a clear downtrend. Keep stop losses tight, consider smaller positions, and avoid trying to catch falling knives. Not financial advice.
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$RLS RLSUSDT