$RTX is cooling after a sharp vertical run and the chart is getting interesting.
Price is trading around 3.25 after printing a strong impulse from 1.66 to the 4.07 high. That move shifted structure bullish on the 1H, but the rejection from 4.07 shows heavy supply sitting above. Since then, price is consolidating in a tight range between roughly 3.10 and 3.65, forming a healthy pullback rather than a breakdown.
As long as RTX holds above the 3.00–3.10 demand zone, the bullish structure remains intact. This area is acting as short term support and a loss of it would open downside toward 2.60. On the upside, a clean reclaim and hold above 3.65 would likely send price back toward 4.00 and potentially a new high above 4.07.
Market cap around 54M with relatively thin on chain liquidity means volatility can expand fast. Hold support and this looks like continuation. Lose support and momentum flips short term.
High risk, high speed zone. Watch levels closely.
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