RPL is showing signs of a potential breakout as trading activity compresses near a long-defended support zone. After prolonged downside pressure and consolidation, short-term momentum has turned positive, though higher timeframes still await confirmation. Market participants are closely monitoring key levels, with a decisive daily close above the descending trendline signaling renewed bullish interest.
Currently, RPL is trading around $2.19, maintaining its position above recent swing lows. Critical levels include $2.10 as short-term support and $2.64 as overhead resistance. A break below $1.97 could lead to further declines, while a strong reclaim above $2.03 may attract buying interest. Intraday momentum shows a constructive shift, with price forming a rounded base and advancing toward $2.24, supported by expanding volume and positive momentum indicators.
RPL Breakout Setup Tightens Amid Market Compression
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