🚀 $RPL /USDT – “Rocket Pool Testing Support — Setup for Bounce or Breakdown” 🔄📉
$RPL is trading at $7.07, down -4.46% in the last 24 hours. This pullback tests a key support level — crucial to watch for the next directional move.
🔍 Technical Overview
Price pulled back from resistance near $7.60, now approaching support zone at $6.90 – $7.00.
Volume increased moderately on the selloff — a sign of profit-taking but no panic.
RSI on the 4H chart around 45, indicating mild bearish pressure but not oversold.
Look for strong bullish candlestick signals or volume surges to confirm a bounce.
🎯 Trade Setup – Wait for Confirmation
💰 Watch Buy Zone: $6.95 – $7.10
(enter on confirmation of support hold)
🔒 Stop-Loss: Below $6.80
(break below support invalidates setup)
🎯 Target 1: $7.45
(first resistance level for profit-taking)
🎯 Target 2: $7.85
(next key resistance zone)
🧠 Trading Insight
$RPL is in a healthy correction phase. Patient traders who wait for clear support confirmation reduce risk and increase reward potential.
Conclusion:
Watch support closely — a strong bounce could lead to the next upward leg. Trade smart and stay disciplined with Crypto Journey1.