$RPL /USDT BULLISH BREAKOUT STRUCTURE 🔥🚀
Current Price: $2.38 (+3.48%)
Strong reversal from $2.09 demand into $2.74 high shows aggressive upside momentum. After the spike, price is retracing in a controlled pullback, holding above mid-support.
Market Structure:
Clean impulse leg 2.09 → 2.74 followed by correction. Higher low forming above 2.30–2.34 zone. Structure remains bullish while price stays above 2.20.
🎯 LONG Trade Setup:
Entry Zone: 2.32 – 2.42 (buying pullbacks above support)
📌 Targets:
TP1: 2.49
TP2: 2.63
TP3: 2.74 (recent high)
TP4: 2.95 (breakout extension)
🛑 Stop Loss:
2.18 (below structure support)
Key Levels:
Immediate Support: 2.30
Major Support: 2.09
Resistance Flip: 2.49
Breakout Confirmation: Strong close above 2.74
Expansion Zone: Above 2.95
Market Sentiment:
Volume expanded during the rally from 2.09, confirming strong buyer participation. Current retracement shows reduced selling pressure, suggesting consolidation rather than reversal. Holding above 2.30 keeps bullish bias intact. A decisive breakout above 2.74 could trigger continuation toward 2.95+.
Momentum constructive. Structure intact. Managed risk favors upside breakout continuation.
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