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$$RPL It pumped 28% in half an hour, but my stop-loss is already set.
At 1.89, it surged from 1.46 within 24 hours, with a volume of 5.6M, looking lively. But anyone used to buying low and selling high knows that chasing a 28% single-day gain usually ends up bag-holding. My discipline is simple: either buy low in the 1.46-1.48 range, or wait for a pullback to a safe zone before entering.
Here's a clear price plan: Entry: Don't act near the current price of 1.893. Plan to place the first long order at 1.72-1.75, with 2% position. If it continues to pull back to 1.62-1.65, add another 1%. This is calculated based on the Fibonacci retracement levels from the 24h low of 1.461 and the current rally. Stop-loss is uniformly set at 1.42; if it breaks, admit defeat and don't linger. Take-profit is split into two levels: first target 1.92 (previous high resistance), second target 2.05 (psychological level after a breakout with volume). If the volume can't keep up at 1.92, reduce half the position directly—don't be greedy.
One thing to note: RPL's 24h high is 1.922, now at 1.893, indicating significant selling pressure above. Those chasing the rally will get trapped above 1.9; entering now is just providing liquidity for speculators. I already entered around 1.47 earlier and exited at 1.82. Now I'm sitting on cash, waiting for the next pullback.
Voting time: Do you think RPL will hold above 1.9 tomorrow or retest 1.6? Pick 1 or 2 in the comments, and I'll check the results at 10 PM. Those who follow my plans know—I only trade within my plan, no envy on rallies, no panic on drops.
No trades outside the plan.