I’m looking at $RLS

RLSBSC
RLS
0.01406
+6.73%

because the sharp selloff has slowed down. After liquidity was taken near the lows, price is trying to stabilize. The long lower wicks show sellers are losing strength and buyers are starting to absorb the pressure.

Trade Setup:

Entry Zone: 0.0136 – 0.0139

Target Points:

TP1: 0.0143

TP2: 0.0150

TP3: 0.0162

Stop Loss: Below 0.0129

Why this setup works:

Stops were cleared below the recent low, and price bounced back into the range. If this base holds, a recovery toward prior resistance becomes likely. I’m seeing buyers gradually stepping in, which increases the probability of a rebound.

Let’s go and trade $RLS now!

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