rpltrade

$RPL is currently showing signs of a strong recovery after forming a solid bottom near the $1.75 support zone. The price structure is gradually shifting from bearish to bullish, with the market now printing consistent higher lows, which is a classic sign of strengthening buyer momentum.
Recently, $RPL managed to reclaim the important $1.90 resistance level, and this breakout has attracted fresh buying pressure. Since then, the price has been moving steadily toward the $1.95 area, supported by stable bullish candles. This type of price action often signals that traders are gaining confidence and accumulation may be taking place.
From a technical perspective, the market structure is becoming increasingly positive. The formation of higher lows suggests that buyers are stepping in earlier on each dip, preventing the price from falling back to previous lows. This indicates growing bullish momentum in the short term.
If the price continues to hold above the $1.78 support level, the bullish scenario remains intact. In that case, $RPL could continue its upward move toward the next liquidity zones.
📈 Trade Setup Idea:
Entry: $1.90 – $1.96
Stop Loss: $1.78
🎯 Targets:
• TP1: $2.05
• TP2: $2.20
• TP3: $2.40
Traders should keep an eye on price behavior around the current zone. A sustained hold above support could open the door for a continued bullish expansion, while increasing market momentum may push RPL toward the next resistance levels.
Always remember to manage risk and trade with proper strategy.
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