I think $RLX is still in Wave 4 after rejecting at the 1.618 Fib at $2.32.
$RLX hit the 1.618 Fib twice and on the second attempt went slightly above so the 0.38 Fib is taken from the higher hit.
So a pull back to $2.06 and holding on the 0.38 Fib would be ideal before moving higher to complete Wave 5 at $2.77