$RPL /USDT – RELIEF BOUNCE AFTER SHARP DROP, BEARS STILL DOMINANT
$RPL plunged from $8.27 to a low of $6.93, losing nearly 16% before rebounding to $7.21. The short-term bounce shows some buyer interest, but the overall trend remains bearish. Price must reclaim the $7.45–$7.75 zone to shift momentum. Until then, this could be a dead cat bounce within a larger downtrend.
Current Price: $7.21
Resistance Levels: $7.45 and $7.75
Support Zone: $6.93
Bounce underway, but structure remains weak — caution advised until confirmation of reversal.
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