【$RLS Signal】Pullback to buy; the main force’s bottom support intention is too obvious.

$RLS 1H-level high-position sideways consolidation, with the 4H Bollinger Bands opening upward and the price steadily consolidating while holding below the upper band to build up momentum. MACD’s two lines are sticking together above the zero line, and bullish momentum is temporarily pausing. The order book’s buy depth is far greater than the sell side; the order wall is extremely thick below 0.0055, fully exposing the intention to support with capital. In a negative fee rate environment, open interest remains stable, and the passive situation for shorts has not changed.

🎯Direction: Long

⚡Entry/Order: 0.004656 - 0.004776

🛑Stop Loss: 0.004100

🚀Target 1: 0.007480

🚀Target 2: 0.008832

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the breakeven level. If the price drops back to the entry level, automatically exit to protect the principal.

After a high-volume breakout on the 4-hour timeframe, the price retraces to the previously dense traded area. During the price’s consolidation and oscillation, open interest does not decline significantly, indicating that the chips are well locked in and it is not a distribution. The 1-hour RSI has been healthy and has retreated from the overbought zone back to 64, providing room for another push higher. The current risk-reward ratio is above 4, and the odds are highly attractive. This kind of deep support structure often signals the final shakeout before the next leg higher.

View real-time market 👇 $RLS
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