$RPL

Trade Plan for $RPL /USDT (Short Position)

Entry Price:

$7.20 (Current price is $7.17, consider entering if it slightly increases)

Stop Loss (SL):

$7.80 (above the recent high)

Take Profit (TP):

$6.50

Rationale

The RSI is in the overbought territory (68.97), indicating potential overextension and a higher likelihood of a pullback.

Risk Management

Ensure a risk-reward ratio of at least 1:2.