RTX
Alpha
2.47815
-1.77%
$RTX (RateX) | Recovery Phase on 4H 📊
The price has strongly bounced from the demand zone of 3.70–3.75 and is currently stabilizing around 3.50, indicating buyer intervention after sharp selling. The upward momentum is slowing at current levels.
The volume expanded during the bounce and is now starting to decline, indicating more stability than continuation of the movement.
• Immediate resistance: 3.55–3.60 → A clean breakout could push the price towards 3.70
• Major support: 3.40–3.45 → Breaking this could lead to a retest of recent lows
Overall trend: Neutral to cautiously bullish as long as the price remains above support.
Trading futures is risky 🤞 Always DYOR