The price trend of RLS has already indicated a bearish signal. After the rebound failed, any rise in the oversold RSI area is just a trap to lure buyers—don't follow the trend to chase. The trend is clear, and this round of decline is not over yet, with the next target around $0.009.



From a technical perspective, rebounds after a breakout are usually just a retest before dropping again. If you're still trying to catch the bottom or waiting for a reversal, exiting now might be a safer choice. There is still room for further decline ahead.
RLS2.19%
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