š„$RPL /USDT: Bearish Trend in Focus ā Key Levels to Monitor š
$RPL is currently trading at $11.75, showing a decline of 10.03% in the last 24 hours. The price is approaching key support levels, signaling a possible continuation of the downtrend if it breaks below these levels.
Key Levels to Watch:
Entry Point: $11.70ā$11.80
Target 1: $12.50 (Immediate Resistance)
Target 2: $13.00 (Next Resistance Zone)
Stop Loss: $11.20 (Critical Support Zone)
Trading Strategy:
Range Traders: Watch for a bounce near $11.28ā$11.50. If the price holds above $11.20, consider targeting $12.50 or $13.00.
Breakdown Traders: A break below $11.20 could trigger further downside movement, with potential targets near $10.50 or $10.00.
Market Outlook:
The market has been showing signs of weakness, with a 24h volume of 3.64M USDT, and price hovering near the $11.28 low. A failure to hold this level could see further declines.
š Monitor the $11.20 level closely for signs of trend reversal or continuation.
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