$RLUSD /USDT STABLE – CONSOLIDATION HOLDS STRONG!
$RLUSD /USDT is showing classic stablecoin behavior, holding firmly around the $1.00 mark. Price remains locked between 0.9998 – 1.0003, with all key moving averages (MA7, MA25, MA99) virtually identical, indicating zero trend momentum. Expect continued tight consolidation unless an external market event triggers movement.
Trade Setup
Entry Zone: 0.9998 – 1.0002
Take Profit 1: 1.0003 (upside)
Take Profit 2: 0.9997 (downside)
Stop Loss: 0.9985
Short Market Outlook
Momentum is neutral with no directional bias. Trend remains flat; key levels to watch are 1.0003 resistance and 0.9997 support. Any breakout beyond these levels may briefly trigger momentum trades, but RLUSD/USDT is primarily range-bound.
$RLUSD #RLUSDUSDT #Stablecoin #CryptoTrading #TechnicalAnalysis
#RangeBound