$RPL Market Update – Liquidity Grab & Recovery Setup
$RPL saw a sharp long liquidation sweep at $2.508, clearing weak hands and resetting positioning. The move into the $2.48–$2.52 demand zone tapped a key liquidity pocket, and price is now holding above support — a strong sign of seller exhaustion.
The broader structure remains within accumulation. Downside momentum failed to expand after the flush, suggesting this was a liquidity grab rather than true bearish continuation. Buyers are stepping back in, and momentum is shifting neutral-to-bullish.
Entry: $2.52 – $2.58
TP1: $2.74
TP2: $2.96
TP3: $3.18
SL: $2.39
As long as price holds above major support, structure stays intact. Expect potential upside to rebalance inefficiencies and squeeze trapped shorts above $2.90.
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