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RLS market has been quite interesting recently. Looking at the RLSUSDT daily chart, after forming a bottom at 0.010214, it has been steadily rebounding, and signs of stabilization are becoming more evident. The MACD indicator's green bars are narrowing, and a golden cross pattern has already appeared, indicating that the bottom momentum is gradually building.
On the hourly chart, the price is following a continuous upward structure. After breaking through the short-term resistance level, the retracement is quite weak—this suggests strong buying pressure from the bulls.
More importantly, from the capital perspective, the open interest in contracts has surged significantly. Large traders' long positions are clearly structured, and active buying has been persistent at key support levels, locking in more chips. This situation, combined with the rebound signals on the daily chart, along with short-term volume and price alignment, makes it an ideal time to bet on a bullish trend.
It is recommended to go long at the current price, with a stop-loss placed below 0.0108 to manage risk. The first target is around 0.012; if this level is broken, the next resistance to watch is 0.014. The daily rebound trend has already started, and this wave of long opportunities is worth seizing.