$RPL /USDT – “Support Testing for Rocket Pool — Setting Up for a Bounce or Drop” 🔄📉

$RPL is trading at $7.07, down -4.46% in the last 24 hours. This pullback is testing a key support level — it's important to watch the next direction of movement.

🔍 Technical Overview

The price has pulled back from resistance around $7.60 and is now approaching the support zone at $6.90 – $7.00.

Volume has increased moderately on the sell-off — a sign of profit-taking, but without panic.

RSI on the 4-hour chart is around 45, indicating slight bearish pressure, but not oversold.

Look for strong bullish candlestick signals or volume spikes to confirm a bounce.

🎯 Trading Setup – Wait for Confirmation

💰 Watch the buy zone: $6.95 – $7.10

(enter on confirmation of support holding)

🔒 Stop-loss: below $6.80

🎯 Target 1: $7.45

🎯 Target 2: $7.85

(the next key resistance zone)

🧠 Trading Information

$RPL is in a healthy correction phase. Patient traders who wait for clear confirmation of support reduce risks and increase reward potential.

Conclusion:

Pay close attention to support — a strong bounce could lead to the next upward movement.