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.
RLS6,61%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
TxFailedvip
· 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
FOMOmonstervip
· 01-11 22:52
The pump-and-dump scheme is so common, and there are really people willing to take the bait.
View OriginalReply0
PermabullPetevip
· 01-09 09:49
Trap to lure buyers? I think this is just a scheme to harvest retail investors.
View OriginalReply0
airdrop_whisperervip
· 01-09 09:48
All the bottom-fishers are dead, and the bears still want to keep eating meat.
View OriginalReply0
RektRecordervip
· 01-09 09:46
It's another trap to lure in more buyers. This time, I really need to keep my composure.
View OriginalReply0
GasGuzzlervip
· 01-09 09:42
Is it another good time to buy the dip? Wake up, this time it's really not.
View OriginalReply0
StakeOrRegretvip
· 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
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)