$RPL has dropped over 17% in 24h, showing strong selling pressure and weak market structure. Price is struggling below the 2.40–2.50 zone, signaling potential continuation to the downside before any meaningful recovery. Short sellers can look for continuation setups while bulls should wait for confirmation.
💹 Trade Setup (Short)
Entry Zone: 2.28 – 2.32
Take Profit 1 (TP1): 2.20
Take Profit 2 (TP2): 2.12
Take Profit 3 (TP3): 2.05
Stop Loss (SL): 2.45
Market Outlook
Trend is bearish on short and mid timeframes. Resistance sits at 2.40 and 2.50. As long as price remains below these levels, downside continuation toward 2.20 and 2.05 remains likely. Volume suggests distribution rather than accumulation.
Buy and trade here on $RPL
RPL
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