RLC is currently around 0.6777, and the bearish momentum is still fermenting. From the 15-minute K-line chart, this wave of decline has already taken shape, and the price is approaching a key support line.



How to interpret this specifically? On the support side, look at the 0.6765 level—once it breaks below, the downward momentum may be further released. Short sellers have already started to exert effort, and the MACD indicator clearly shows that the bearish momentum is amplifying. If a rebound occurs, 0.6810 is a relatively critical resistance level; approaching this price could be a good shorting opportunity.

The idea of trading with the trend is to strictly follow 0.6916 as a dynamic stop-loss reference point. But don’t be too aggressive, because the price might reverse and break above 0.6810. Once it stabilizes above this level, the short-term downtrend could halt, and the situation may reverse. So, pay attention to the rebound trend and avoid getting caught in short-term fluctuations.
RLC-2.87%
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