**$RPL /USD ā Bullish Breakout Alert! šš„**
Rocket Pool ($RPL ) is exhibiting strong bullish momentum, breaking above key resistance levels on the 1H chart.
---
š Current Price: $6.38 (+0.35%)
š 24H Range: Low: $4.73 | High: $6.52
š Trend: Strong Bullish (Higher Highs & Lows)
š RSI: Approaching overbought territory, indicating strong buying pressure
---
š Key Levels:
Support Zones: $5.80 / $5.50
Resistance Zone: $6.80 (strong rejection zone)
---
š Trade Setup:
Entry Zone: $6.00 ā $6.30
Stop Loss: $5.70
Take Profit Targets:
TP1: $6.80
TP2: $7.20
---
š” Pro Tip: A 1H or 4H candle close above $6.80 with strong volume could signal the next leg up. Scalp traders can look for long entries near the $6.00ā$6.30 zone with tight stop-losses.
---
ā ļø Risk Management: Always use stop-loss orders to manage risk. Monitor volume and RSI levels to avoid entering overbought conditions.