$RPL /USDT – Bullish Reversal Developing | Long Trade Opportunity

Market Overview:

RPL/USDT has shown a strong recovery from the recent low of $7.01, rebounding to $7.91 with notable buying volume. The price previously reached a high of $8.27 in the last 24 hours, and current price action suggests a potential bullish continuation if momentum sustains.

Technical Insight:

After a sharp dip, RPL found support near $7.80 and is now forming a higher low around $7.83. This structure indicates renewed buyer interest. A break above $8.00 may confirm a short-term uptrend, targeting key resistance levels.

Key Price Levels:

• Support Zones: $7.80 and $7.50

• Resistance Levels: $8.20, $8.40, $8.75

Trade Setup – Long Position:

• Entry Range: $7.80 – $7.95

• Stop Loss: $7.49

• Target 1: $8.40

• Target 2: $8.75

• Target 3: $9.10

Risk Management:

This setup is ideal for both spot and futures traders. Ensure strict stop-loss placement to limit downside risk. Position size should align with your capital and risk tolerance. Avoid chasing the trade if volume remains low near entry. Confirm breakout strength before scaling in.

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