$RLS is reacting after a hard liquidity sweep and failed continuation, and I’m watching how price behaves at this compression zone.
Reason / Market read
I’m looking at this move as post-distribution stabilization. Price ran liquidity toward 0.0062, trapped late buyers, and then rotated lower with controlled selling. That flush toward 0.0050 cleaned weak hands, and now we’re seeing price slow down — not accelerating lower. That matters.
Structure & context
I’m seeing range compression after expansion. Momentum faded after the rejection, and now price is holding a tight zone near prior demand