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I did some research on $RLS —liquidity is extremely low + the top 100 holders have 92%.
It has a bit of that $RAVE vibe.
The long-short ratio is also fine: 42 long, 58 short, not particularly one-sided.
What to watch out for is that liquidity is too low and the chips are too concentrated, which actually makes it easier for a sudden pump to happen.
I'm planning to open a long at the current price, with a stop loss at 0.04—if I get stopped out, then there's nothing I can do.
If it doesn’t hit, I’m planning to hold for 0.15, aiming to grab a 3x—this is small-position, big-upside, let’s go!
Click the trade button below for $RLS 👇