$RPL USDT PERP — Bulls Defend the Rebound
RPLUS just staged a sharp bounce from the 2.08 swing low, ripping toward 2.60 before sellers slammed it back under 2.45 resistance. Now price coils around 2.32 — a key intraday support flipped from prior breakout structure. Buyers are stepping in on dips, but momentum is cooling on the 1H after a lower high formation.
Trend structure: short-term bullish recovery, but facing heavy supply near 2.42–2.45.
If 2.30 cracks, expect a liquidity sweep toward 2.25.
Trade Setup:
Entry Zone: 2.28 – 2.33
Stop Loss: 2.19
Targets: 2.42 / 2.50 / 2.60
Momentum favors continuation only if bulls reclaim 2.42 with volume. Otherwise, sellers regain control.
Stay sharp and manage risk.
Come and trade on $RPL
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