$RPL is trading at $2.24–$2.25 (~Rs627.36) after a sharp -18.47% to -19% correction, signaling aggressive distribution and visible weakness across the liquid staking sector.

A near 20% drop shifts structure into a high-risk zone. Price is now pressing into major support formed during previous consolidation phases. This is a decisive level. If buyers defend it, a fast relief bounce fueled by short covering is possible. If it breaks cleanly, downside expansion and deeper retracement become likely.

Fundamentally, Rocket Pool remains directly tied to Ethereum staking demand and yield sentiment. Any shift in ETH momentum or staking participation will strongly influence RPL’s recovery potential.

Outlook: Strong correction phase underway. Critical support under test. Hold and reclaim opens rebound potential. Lose it, and selling pressure accelerates.