【$RLS Signal】Pullback confirmation, secondary surge by bulls

$RLS 1H After pulling back to the EMA20 level, the buy side surged again, and the price strongly rebounded from the 0.0059 area. The 4-hour MACD fast and slow lines are still above the zero axis, but the histogram bars have begun to shrink, and momentum has slowed down somewhat. The current price has already moved away from the optimal entry area, so chasing higher now carries a sharp increase in risk.

🎯 Direction: Watch (place pullback orders)

⚡ Entry/Order: Accumulate in the 0.00514 - 0.00527 range

🛑 Stop Loss: 0.00440

🚀 Target 1: 0.00877

🚀 Target 2: 0.01052

🛡️ Trade Management:
- Execution Strategy: After the price reaches the first target, reduce the position by half; move the stop loss of the remaining position up to the entry price. If the price cannot hold above 0.0063 and falls back again, consider exiting early.

Order book data shows that sell orders are clearly stacked above 0.00613, forming a short-term “pressure wall.” However, open interest remains stable and there are no signs of large-scale capital withdrawal, indicating that the main players have not left the market—they are only digesting the profit-taking orders. The 1-hour RSI has fallen from a high level back to the neutral zone, providing room to build momentum again. Under this structure, the risk-reward ratio is still attractive, but patience is required to wait for the price to return to a more comfortable support area before taking action, so as to avoid getting trapped at a short-term peak.

Check the real-time market 👇 $RLS
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