$RPL Analysis and Trade Setup, Spot Trade Recommended, valid even for futures.
#RPL recently broke out of a long falling wedge pattern, which is typically a bullish reversal signal. After months of consolidation between $5.3–$7.2, price finally pushed above resistance and is now retesting the breakout zone (a bullish retest).
Entry Zone: $7.10–$7.30
Stop-Loss: Below $5.35
Targets :
T1: $7.85
T2: $8.50
T3: $9.00
T4: $9.27
T5: $10.20
T6: $11.10
T7: $12.14
T8: $12.19
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