$RTX
📊 RTX (RateX) – What I’m Seeing on This Chart Right Now
RTX is trading near $3.56 and what stands out immediately is how clean the short-term structure looks compared to earlier pullbacks.
Here’s what I’m personally noticing:
• Price is holding ABOVE EMA(7), EMA(25), and EMA(99) → bullish alignment
• Strong bounce from the $3.38–$3.40 zone, which acted as a clear demand area
• Higher lows are forming on the 5m chart → buyers stepping in early
• Recent high around $3.585 shows sellers reacting, but not aggressively
• Volume stayed healthy during the push up, not a weak bounce
• RSI around 72 → momentum is strong, but slightly overheated short-term
How I’m reading this move:
This looks like a continuation push rather than a dead-cat bounce. Buyers defended the pullback well and price is respecting the EMA(25) as dynamic support. However, RSI being high means chasing here is risky.
Key levels on my screen:
• Immediate support: $3.52 – $3.50 (EMA zone)
• Strong support: $3.38
• Resistance: $3.58 – $3.60
• Break & hold above $3.60 could open $3.75+
My honest take:
Trend is bullish, but I’d prefer a small pullback or consolidation before new entries. As long as RTX holds above $3.50, structure remains healthy. Losing $3.38 would invalidate this bullish setup.
This is strength — but patience matters here.
What’s your plan: breakout play or wait for retrace? 👀
