$RPL /USDT โ BEARISH MOVE IN PLAY ๐ป๐
$RPL is showing signs of weakness after failing to hold above key resistance. The recent rejection near $5.67 suggests sellers are stepping in heavily, and momentum favors the downside.
๐ CURRENT PRICE: $5.25
๐ 24H HIGH: $5.67
๐ 24H LOW: $5.15
๐ KEY LEVELS:
๐ผ Resistance:
โข $5.50 โ Minor resistance
โข $5.67 โ Strong resistance (24h High & previous rejection point)
๐ฝ Support:
โข $5.15 โ Immediate support (24h Low)
โข $4.95 โ Major support zone (next downside target)
๐ฏ TRADE SETUP โ SHORT ENTRY
Entry: $5.28โ$5.35 (ideal entry zone on slight bounce)
Stop Loss (SL): $5.60 (above strong resistance)
Take Profit (TP):
โข TP1: $5.10
โข TP2: $4.95
โข TP3: $4.80 (if breakdown gains steam)
โ ๏ธ RISK MANAGEMENT:
Risk only 1โ2% of your capital. Keep position size small & SL tight due to increased volatility. ๐๐ฃ
๐ก Momentum is leaning BEARISH โ trade with caution and wait for confirmation on lower timeframes! ๐๐
#USNationalDebt #MarketPullback #SwingTradingStrategy #CryptoStocks #Write2Earn $RPL