RLC BullishRLC/USDT – 4H Bullish Outlook
RLC has broken out of the descending trendline and is showing early signs of strength. Price is currently consolidating just above the breakout zone, holding support around 1.23 – 1.25.
📊 Key Levels:
• Support: 1.23 – 1.25, 1.17
• Resistance: 1.31, 1.33, 1.41
• Target Zone: 1.62 – 1.72
🔥 Bullish Scenario:
As long as price sustains above 1.23 – 1.25, buyers may continue pushing higher. A breakout above 1.31 resistance would confirm further bullish momentum, opening the way toward 1.62 – 1.72.
📉 Invalidation:
If price falls below 1.17, this bullish setup becomes invalid.