$RPL š„ TRADE AND INVEST š„
Trade Setup (Short):ā
Entry: $6.30 ā $6.50
Take Profit: $5.80 / $5.40 / $5.20
Stop Loss: $6.76
$RPL /USDT surged sharply to $7.39 but is now facing strong rejection near the top, forming a bearish structure with lower highs and increasing selling pressure. The chart signals a potential reversal or deeper pullback if current support breaks.
Market Outlook:
After a steep rally, profit-taking and exhaustion are evident. If bulls fail to defend the $6.20ā$6.30 zone, downside momentum could accelerate. Short-term bias remains bearish unless volume strongly returns to the buy side.
āļø Risk: Use proper risk management ā 3xā5x leverage recommended