🟢 $RLC SHORTS ARE BEING FORCED OUT!
RLC recorded $1.1097K in short liquidations at $0.5487. The event suggests localized buying pressure, but the next direction depends on whether price can reclaim and hold higher levels. If $0.5480–$0.5500 acts as support, potential upside levels sit near $0.5580 and $0.5680. Resistance could emerge around $0.5580–$0.5680.
🎯 Targets: $0.5580 / $0.5680
🛡️ Stop-loss: $0.5410 for a speculative long setup
📈 Next move: A strong volume-backed breakout above $0.5580 could bring further upside. Failure to hold $0.5480 would weaken the bullish setup.
Don't chase the first green candle. Wait for confirmation that buyers are actually in control.
#RLC #Crypto #LiquidationAlert #TechnicalAnalysis