🚀🚀🚀RPL at Exhaustion Point - Is a Deeper Pullback Loading? 🚀
After tapping a recent high near 2.963, Rocket Pool (RPL) is beginning to show classic momentum fatigue signals.
The rally that pushed price upward is now slowing and technical structure suggests that sellers are gradually stepping in.
📊 What the Chart Is Telling Us
🔹👉 RSI on H1 & H4 - Rolling over from overbought territory
🔹👉 Bearish Candles - Strong rejection near resistance
🔹👉 Momentum Shift - Buyers losing strength, profit-taking increasing
When momentum fades after an extended push upward, the market often seeks liquidity lower before deciding the next major move.
📉 Trade Idea: Short Setup
🔴 Entry Zone: 2.764 - 2.677
🎯 TP1: 2.586
🎯 TP2: 2.496
🎯 TP3: 2.396
🛑 Stop Loss: 2.845
This setup focuses on a structured pullback, not emotional trading. The goal is to follow momentum not predict reversals blindly.
🧠 Educational Insight
Markets move in cycles:
1️⃣ Expansion
2️⃣ Exhaustion
3️⃣ Correction
4️⃣ Continuation or Reversal
Right now, RPL appears to be transitioning from expansion to exhaustion. When RSI cools down and bearish pressure builds near resistance, probability often favors a retracement phase.
But remember - discipline > prediction.
⚠️ Risk Management Reminder
✔️ Always respect your stop loss
✔️ Never overleverage
✔️ Let the setup confirm before entering
✔️ Protect capital first, profits second
In crypto, survival is success.
💡 Final Thought
Momentum fading doesn’t guarantee a crash but it does signal caution.
Trade the structure. Respect your risk. Stay patient.
The market rewards discipline, not emotion. 🚀📉
If this breakdown helped you, follow for more structured crypto insights.
$RPL #KumailAbbasAkmal