2026-01-09 09:21:29

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.

RLS-6,16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

23 Likes

Reward
23
7
Repost
Share

Comment

0/400

TxFailed

· 01-12 03:27

nah technically speaking, this is giving classic "learned this the hard way" energy... watched rls do exactly this before, RSI trap never ends well, actually

Reply0

FOMOmonster

· 01-11 22:52

The pump-and-dump scheme is so common, and there are really people willing to take the bait.

View OriginalReply0

PermabullPete

· 01-09 09:49

Trap to lure buyers? I think this is just a scheme to harvest retail investors.

View OriginalReply0

airdrop_whisperer

· 01-09 09:48

All the bottom-fishers are dead, and the bears still want to keep eating meat.

View OriginalReply0

RektRecorder

· 01-09 09:46

It's another trap to lure in more buyers. This time, I really need to keep my composure.

View OriginalReply0

GasGuzzler

· 01-09 09:42

Is it another good time to buy the dip? Wake up, this time it's really not.

View OriginalReply0

StakeOrRegret

· 01-09 09:24

Those trying to bottom buy should have woken up long ago; this rebound is just a trap. --- It's another trap to lure buyers in; how come some people never learn? --- Still daring to catch the falling knife after a breakdown? Courageous. --- 0.009 is not the bottom; keep falling. --- With such obvious RSI signals, how can you still not see? Truly unbelievable. --- Waiting for a reversal? You're just waiting for dawn. --- This time, it's really time to exit; stop fooling yourself. --- Rebound and then sell, no doubt about it. --- Being bearish is the right call; there's still hope ahead. --- One trap after another of false rebounds; keep your head clear. --- The space continues downward; stop dreaming. --- Breakdowns followed by rebounds are always death traps. --- Those trying to bottom buy are just bagholders; stop going against the trend.

View OriginalReply0