RLC/USDT Potential Break the pattern ?? Bullish Momentum for RLC

Yello Paradisers, RLC Analysis: A Strong Bounce and Bullish Signs

💎 RLC experienced a significant bounce after touching the Bullish Order Block (OB) area. This zone also coincides with the support trendline of a falling wedge pattern. After consolidating for a few days, RLC surged yesterday.

💎 The recent candle close displayed a strong green candle, indicating high potential for RLC to break through both the supply zone and the falling wedge pattern's resistance. If this breakout is successful, it could signal a bullish momentum for RLC, with the likelihood of continuing its upward trajectory.

💎 Invalidation Scenario: This bullish outlook would be negated if RLC retraces back to the Bullish OB area, breaks it, and closes below it.