$RPL /USDT – STRONG BULLISH REVERSAL IN PLAY
CURRENT PRICE: $7.56
24h High: $7.66
24h Low: $6.57
Change: +11.83%
Volume: 691,172 RPL / $4.95M USDT
KEY LEVELS TO WATCH
Resistance Levels:
$7.66 – Immediate resistance (24h high)
$7.85 – Next supply zone from historical price action
$8.20 – Major breakout target
Support Levels:
$7.43 – First local support
$7.07–$7.17 – Strong support zone from recent breakout base
$6.57 – 24h low, critical for trend reversal invalidation
TECHNICAL INDICATORS
MA/EMA: Price well above short-term MAs – strong bullish signal
Bollinger Bands: Price riding upper band – breakout in effect
MACD: Bullish crossover confirmed with rising histogram
SAR: Dots below price → trend strongly favors bulls
Volume: Elevated – confirms genuine breakout strength
TRADE SETUP – LONG POSITION
Entry: Breakout above $7.66 with strong volume
TP1: $7.85
TP2: $8.20
SL: $7.07 (below major support zone)
> Alternate Setup: Buy-the-dip near $7.30–$7.43 if rejection at $7.66, with tight SL
RISK MANAGEMENT
Risk only 1–2% per trade
Avoid entering without volume confirmation
Use trailing SL after TP1 to secure profits on momentum trades
Summary: $RPL/USDT is showing strong recovery and bullish momentum, gaining nearly 12% with price pressing toward $7.66 resistance. Volume and technicals support further upside if breakout confirms. Maintain proper risk controls and monitor volume closely.
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