The $RPL /USDT 15-minute chart currently indicates a price of 11.23, reflecting an 8.50% increase for the day, signaling positive momentum.
The 24-hour high was marked at 12.24, showing that the price experienced a significant upward surge earlier.
Key levels to monitor include a resistance zone at 12.00, which could act as a barrier for further upward movement, and a support level around 11.00, providing a cushion if the price retraces.
Entering a trade at around 11.20 could be strategic, aligning with the current uptrend. Setting take-profit targets at 11.60, 11.90, and 12.20 could help capture gains progressively as the price advances.
A stop-loss at 10.90 is recommended to mitigate potential downside risks. With the RSI at 59.62, the asset is in a neutral state, suggesting room for potential upward movement without being overbought.
Traders should watch for confirmation signals from the MACD and other momentum indicators to adjust their strategies accordingly.
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