$RPL 🚀 BULLISH MOMENTUM 🚀
📈 Technical Snapshot
RSI (1H/4H): Climbing from oversold; mid-50s range suggests bullish momentum building.
MACD (4H): Mild bullish crossover forming.
Volume: Modest relative volume ($7–11M) .
Moving Averages: Price remains above 20/50 EMA on 1H/4H—supportive of trend stabilizing.
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🎯 Trade Setups
🟢 Pullback Long (Low-Risk Entry)
Entry Zone: $6.70–$6.77 (Fib .618 support)
Signal Trigger: Bullish reversal candle (e.g. hammer or engulfing) + RSI bounce above ~50
Targets:
T1: $7.00 (Fib 0.382)
T2: $7.30 (Fib 0.236)
Stop-loss: Below $6.60 (just under Fib 0.618)
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🚀 Breakout Long (Momentum Entry)
Trigger: 4H candle close above $7.30 with strong volume surge (> $5M)
Entry Range: $7.30–$7.40
Targets:
T1: $7.60 (near recent highs)
T2: $8.00–$8.20 (psychological + prior swing extension)
Stop-loss: Below $7.00
Disclaimer
This analysis is educational and should not be considered financial advice. Rocket Pool (RPL) is a mid-cap DeFi token and may experience high volatility. Always do your own research (DYOR), apply proper risk management, and trade only with funds you can afford to lose.
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