$RPL is setting up for a potential short trade 📉. Here's the scoop:
- *Current Price*: $6.31 (up 5.87%)
- *Key Levels*:
- *Resistance*: $6.65
- *Support*: $6.20
- *Breakdown Trigger*: $6.30
- *Trade Setup (Short)*:
- *Entry Zone*: $6.30 – $6.45
- *Take Profit Targets*:
- *TP1*: $6.20
- *TP2*: $5.95
- *TP3*: $5.70
- *Stop Loss*: $6.70
The market insight suggests $RPL spiked to $6.95 but couldn't sustain the rally. The latest candles show lower highs and breakdown pressure near $6.30, a key pivot level for short bias 🔍.
*Pro Tip*: Wait for a decisive candle close below $6.30 with increased sell volume to confirm the trade 🔒. Momentum is fading, so play the short setup with precision and stick to the plan 📊.