$RTX is in a sideways consolidation phase with low volatility, forming a tight compression. I’m seeing this as a classic buildup before a breakout. Price is holding above key support and squeezing between 2.35–3.10, which often leads to a strong directional move once pressure releases.
TRADE SETUP
Pair: $RTX
Direction: Long
Entry Zone:
2.40 – 2.55
Target Points:
1. 2.70
2. 3.10
3. 3.60
Stop Loss:
2.18
WHY THIS SETUP WORKS
This setup works because price is compressing within a well-defined range, and volatility is low. Low volatility squeezes typically precede breakout moves as trapped liquidity is released. Entering near support gives a favorable risk-to-reward.
Short-term, a breakout candle above 2.70 confirms momentum and triggers the first targets. Long-term, if price sustains above 3.10, a new bullish cycle can begin. If support at 2.18 fails, the bullish thesis is invalidated, and I exit.
I’m entering near the support zone, keeping risk defined, and letting the breakout structure guide the move higher. Clean levels. Defined stop. Controlled execution.
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