MD Saiman farazi

🧨 Nearly $900 Loss in RPL — Is This the End or a New Beginning? 💭

This is about RPL (Rocket Pool). We see price fluctuations every day, but a sudden -17% drop like today really hits hard — and I'm no exception.
Right now, I'm floating on a loss of around $900 in this coin...
But the real question is: Do I panic sell now or wait patiently for the turn?

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📉 Why Did the Market Drop So Hard Today?

1. Middle East tensions – Risk sentiment has shifted globally due to geopolitical instability.

2. Massive crypto futures liquidation – Over $683 million in long positions were wiped out in one day!

3. Key support levels broke down, triggering algorithmic and emotional selling.

4. Profit booking in Bitcoin – After reaching recent ATHs, many investors are cashing out.

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🧭 RPL Key Support & Resistance Levels:

🔻 Support:

$5.50 (psychological + previous bounce zone)

$5.33 (critical technical support)

$5.00 (if this breaks, expect heavy sell-off)

🔺 Resistance:

$6.00 (initial resistance)

$6.46 (if broken, can trigger a bullish breakout)

$8.31 (major future target)

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📊 So, What’s Next — More Downside or a Rebound?

🔹 If RPL holds above $5.50, there's a good chance of a bounce back towards $6.00+.

🔹 But if it drops below $5.33, we could see further downside toward $5.00 — and breaking that may lead to panic selling.

🔹 An immediate uptrend is unlikely right now. Expect a sideways consolidation in the short term, with a gradual recovery potential if market sentiment improves.

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💬 My Take:

I'm still holding my position. I’ve accepted the loss — but I’m not giving in to fear.
Crypto is a patience game — not an emotional gamble.

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📌 Final Words:

If you're in a loss – don’t panic.
If you want to enter – wait for a proper support entry.
If you're scalping – follow MACD & RSI closely, or the market will teach you the hard way.

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"After the darkest night comes the moonlit dawn" —
not just poetry, but real trading wisdom.

📉💹 #CryptoLoss #RPL #CryptoMarket #SupportResistance #Hodl #MarketSentiment #CryptoMindset #TradingJourney