RLC/USDT Forms Falling Wedge Pattern with Strong Support!

💎 RLC/USDT exhibiting a falling wedge pattern on the price chart which indicates a period of consolidation before a potential upward breakout.
💎 One key aspect of the falling wedge pattern is the presence of a strong support level. The price of RLC has consistently found support near a specific price point, which has prevented further downward movement.
💎 If the downward support is breached, meaning the price drops below this level and fails to recover quickly, it would invalidate the falling wedge setup.
💎 A break below support could signify a change in market sentiment, potentially leading to further downward pressure on RLC.
💎 However, as long as the strong support level holds, the falling wedge pattern remains valid and suggests a potential bullish move.

Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️