🚨 $RLS USDT SHORT SETUP ALERT! Bearish Momentum Building – Time to Act! 📉
$RLSUSDT is showing classic signs of weakness on the daily chart! Currently trading at 0.009510 after a brutal -10.99% drop in the last 24 hours. Price just broke below key support, hugging the lower Bollinger Band with a strong downward slope.
Key bearish signals:
RSI(14) deeply oversold at ~22, but momentum still pointing south (RSI(6) even lower!)
MACD bearish crossover with negative histogram expanding
Price rejecting the middle BB and trending under it
Long/Short Ratio at 1.76 favoring shorts, with accumulated positions leaning bearish
Recent candles forming lower highs & lower lows – continuation pattern!
Trade Idea (Short Position – Futures): Entry: Around current levels ~0.00951 or on pullback to 0.0096-0.0098 resistance zone
Take Profit 1: 0.00895 (near recent low) → ~6% gain
Take Profit 2: 0.00850 → ~10-11% potential
Stop Loss: 0.01020 (above recent swing high & BB middle) → tight risk control
Volatility is high – perfect for quick scalps or swings on Binance Futures! Don't miss this move lower before any relief bounce.
SHORT $RLS USDT NOW! Secure your profits in this downtrend 🔥 Follow & turn 🔔 on for more high-probability setups! ✅ DYOR & trade responsibly – leverage with caution.
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