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$RLC is looking a bit heavy here.
I’ve been watching this bleed for weeks and it feels like every time we try to find a floor, the sellers just step back in. We are sitting at 0.383 right now and it’s struggling to hold.
If you look at the recent candles, there’s zero aggressive buying. The volume is pretty thin too, which usually means we haven't seen the final capitulation move yet.
There is some minor support around 0.352 but honestly, if that breaks, things could get ugly fast. I’m not touching this until I see a real reversal pattern or at least some volume coming in to defend these levels.
Wait for the reclaim or just stay on the sidelines for now.
#CryptoSurvivalGuide