⚠️ $RPL Short Position Alert: Navigating Risks Amid Market Volatility – June 11, 2025
Given the current market conditions and technical indicators, a short position on RPL could be considered under the following circumstances:
Entry Point: If the price fails to break above the $8.70 resistance level and shows signs of reversal .
Target Price: Aiming for a decline towards the $5.75–$6.00 range, aligning with the lower end of 2025 price predictions .
Stop-Loss: Setting a stop-loss above the $9.00 mark to mitigate potential losses in case of an unexpected bullish movement.