$RPL /USDT Bull run alert š¢ š²
SHORT TRADE SIGNAL ā REJECTION AT LOCAL HIGH, SELLERS STEPPING IN! š»
$RPL just hit a 24H high of $5.24, but the latest candle shows clear signs of rejection, now pulling back to $5.16. After a vertical pump from $4.70, price is starting to stall under key resistance, suggesting exhaustion and a potential pullback.
Trade Setup (SHORT):
Entry: $5.18 ā $5.24
Target 1: $4.96
Target 2: $4.72
Stop Loss: $5.32
Why Short?
The 1H chart reveals a parabolic move thatās now printing a topping wick. Quick spikes like these often lead to corrections ā especially after tagging resistance with no strong continuation. Volume is fading slightly, signaling the bulls may be running out of fuel.
Risk Management Tip:
Keep SL tight above the wick high to avoid fakeouts. Look for breakdown confirmation below $5.10 before scaling in further.
Sell smart ā donāt chase green candles when the trend is turning red!
Ride the momentum before it fades ā profits favor the fearless!
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$RPL