$RPL
MARKET OVERVIEW
RPL/USDT Technical Analysis Overview:
Current Price: $6.37
Trend: Short-term bullish reversal from recent lows
Support Zones: $5.95 / $5.60
Resistance Zones: $6.75 / $7.20
RSI (Estimated): 62 – bullish but not overbought
MACD: Bullish crossover on 4H chart
EMA Alignment: 20 EMA is crossing above 50 EMA = uptrend confirmation
TRADING STRATEGY
Entry Point: $6.10–$6.20 (retracement buy near support/20 EMA zone)
Confirmation: Bullish hammer or bullish divergence on RSI on 1H/4H chart
Target 1: $6.75
Target 2: $7.20
Stop Loss: $5.85
Risk/Reward: ~2.7:1
Rationale: Breakout volume and technicals suggest possible continuation to prior resistance levels.