$RKLB USDT Price is currently trading around $124.87 after a clear rejection from the $128.20 high, followed by a consistent sequence of lower highs and expanding downside candles. Structure has shifted from bullish impulse to bearish continuation.
Trend: Bearish. Price failed to sustain above $127.00 and is now trending lower with clean lower highs forming.
Momentum: Strong downside momentum with impulsive sell candles and weak bullish retracements. No signs of strength reclaiming resistance.
Liquidity: Equal lows and sell-side liquidity sit below $124.20–$124.00. Upside liquidity near $126.50–$127.50 remains unclaimed after rejection.
Key Levels:
Resistance: $126.00 – $127.00
Support: $124.00 – $124.20
EP: $125.50 – $126.20 (sell on pullback)
TP: $124.20
TP: $123.80
TP: $123.20
SL: $127.30
Trend remains firmly bearish with consistent lower highs confirming seller dominance.
Momentum supports continuation as buyers fail to reclaim key resistance zones.
Liquidity below $124.00 is still open, increasing probability of further downside expansion toward targets.
$RKLB USDT
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