The RLCUSDT pair has reversed after hitting the $0.563 price area which occured in June 2022, this establishing a potential major bottom. Bullish momentum is now evident, with a consistent pattern of higher highs and higher lows, indicating growing buying pressure and potential for further gains.
The accumulation zone offers favorable entry points with a solid risk-reward setup, though a breach below this zone could prompt a move toward the demand zone—an unlikely scenario given current structure and momentum. Key price levels include immediate resistance and defined upside targets for effective position management.Do share your view with us on this coin.