The $RPL /USDT trade successfully achieved the first target of $8.50, with the price peaking at $9.00, demonstrating strong bullish momentum.
The second and third targets of $9.50 and $10.50 are yet to be reached.
The stop-loss levels at $6.50 and $6.20 were not triggered, ensuring the trade remains secure. Monitor market conditions closely for potential progression toward higher targets.
$RPL /USDT is showing bullish momentum, currently trading around $8.16–$8.25, with a 24-hour high of $9.00.
The price has broken above key resistance levels at $7.50 and $8.00, supported by strong volume, indicating a continuation of the uptrend. However, RSI levels indicate overbought conditions, suggesting a possible consolidation or minor retracement before further upside.
The next resistance levels to watch are $9.50 and $10.50, with key support at $7.50 and $7.00.
A conservative entry point would be $8.00, while profit-taking levels are recommended at $8.90, $9.50, and $10.50. To manage risk effectively, stop-loss levels should be set at $7.20 for a cautious approach or $7.00 for more aggressive traders.
The current trend suggests a profitable trade setup, but strict discipline in risk management is crucial to secure gains and protect capital.
Target:
Entry: $8.00
TP: $8.90 / $9.50 / $10.50
SL: $7.20 / $7.00