$RPL /USDT BEASTLY SPIKE, BUT IS IT A TRAP? ā ļøš„
$RPL just exploded from the $4.55 base to $6.54 in a vertical candle a massive intraday move fueled by sudden momentum. However, the pullback to the $5.50 region hints at cooling pressure and a possible bull trap if volume doesn't sustain.
On the 1H & 4H charts, we see a textbook liquidity sweep followed by rejection volatility is at its peak, and bulls must defend this reclaimed zone or risk another dump.
šÆ Short Trade Setup (Futures)
ā¢ Entry Zone: $5.55 ā $5.65
ā¢ TP1: $5.10
ā¢ TP2: $4.75
ā¢ TP3: $4.51
ā¢ SL: $6.00
š Tip: Wait for a lower high confirmation before diving in. This$RPL wick could be the last gasp before retracement.
š„ Click Bearish
š Add chart visual confirmation is key for volatile moves like this one.
