$RPL is trading at $2.24–$2.25 (~Rs627.36) after a brutal -19.64% slide. Nearly 20% wiped out fast — clear signs of aggressive selling and sector-wide pressure across liquid staking plays.

Technically, price is now pressing into major historical consolidation support. This is a decisive zone. If buyers defend it, a sharp relief bounce fueled by short covering is possible. If support cracks, expect continuation toward deeper retracement levels with momentum accelerating to the downside.

Fundamentally, Rocket Pool remains directly tied to Ethereum staking demand and yield sentiment. ETH weakness or declining staking inflows will keep pressure on RPL, while renewed staking momentum could ignite recovery.

Outlook: High-volatility correction phase. Critical support under test. Hold and reclaim opens rebound potential. Breakdown invites further downside expansion.