đ $RLC /USDT â AI-Powered Bounce Setting Up for a Run! đĽ
$RLC is trading around $1.2692, bouncing strongly off its ascending trendline after a liquidity dip below key supportâsuggesting a bullish retest and possible move higher.
đ Trade Details:
⢠Entry Zone: Around $1.2689
⢠Target: $1.3776
⢠Stop Loss: $1.2413
⢠Risk/Reward: 1:4+ â a highly attractive setup
⢠Technical Note: Trendline respected and structure reclaimed
Why Looks Promising:
⢠AI & Decentralized Computing Play: As AI adoption grows, iExec ($RLC) benefits from its role in powering decentralized cloud and compute solutions.
⢠Strong Partnerships: Collaborations with major players like Intel, plus enterprise Web3 infrastructure development, highlight its real-world use.
⢠Undervalued AI Token: Still flying under the radar compared to other AI tokens, with solid tokenomics and genuine utility.
đ§ Strategic View:
This is a prime dip-buying opportunity. The price just confirmed support from both a trendline and horizontal zone. As long as $1.24 holds, bulls have the upper hand.
đ˘ Final Thoughts:
AI + Web3 is a high-potential comboâand is positioned to benefit. If momentum continues, $1.38 could be just the start.
Smart entries win. Letâs ride the AI wave!
