$RPL /USDT – Rocket Fueled Run, But Is It Losing Steam? 🚀📉

$RPL surged over +40% from $5.51 to a peak of $7.77, now pulling back slightly to $6.95 after a sharp vertical rally. The hourly chart shows early signs of exhaustion as price slips below the MA(7) and approaches MA(25) support at $7.07. Volume is cooling, suggesting a potential consolidation or reversal zone.

🔍 Chart Insights:

Strong impulse move, now followed by sideways range near key moving averages.

Price is holding the higher low structure — trend still bullish unless $6.60 breaks.

MA(99) remains far below at $5.89 — shows long-term bullish context intact.

📊 Trading Guide:

Bullish Scenario (If support holds):

Entry: $6.85 – $7.00

TP1: $7.30

TP2: $7.60

TP3: $7.78 (recent high)

Stop Loss: $6.60

Bearish Scenario (If breakdown below $6.60):

Entry (short): $6.55 – $6.70

TP1: $6.20

TP2: $5.89 (MA99 target)

Stop Loss: $7.05

📈 Wait for a bullish candle close above the 7MA to confirm continuation. Otherwise, stay cautious for a possible short-term dip.

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