With $180k tuition fees, $RPL became my lifeline. Now I've recovered 37%, but yesterday's 2.6670 wick almost caused my second liquidation.


Let's skip the nonsense and look at the data: 24-hour trading volume of $118 million is abnormally high for an altcoin like RPL. With a market cap under $300 million and a turnover rate close to 40%, it indicates capital is entering to accumulate, but a 24-hour change of 27% is already a bit overheated—I've lost money chasing highs before, last time on LDO. The key is the 24-hour low of 1.6010. If this level is the solid bottom set by the market maker, then entering at 2.0460 still has room, but the resistance at 2.6670 must be broken, or it's the old script of a rebound hitting resistance and falling back.
Here's the trading plan: test lightly, don't bet on direction. Now near 2.0460, place 1/10 position, stop loss at 1.70 (break below the bottom of this bullish candle and exit; I've paid tuition fees, don't set stop loss at psychological levels but at technical ones). Take profit in two tiers: first tier at 2.50, second at 2.80. If it breaks below 1.70, don't buy the dip; wait for the 1.40-1.50 range to consider adding positions—this range is a previous dense accumulation zone, much safer than the current price.
One note: RPL has poor liquidity; don't use market orders for limit orders. Last time on SUSHI, my stop loss got eaten by a wick. Now the volume is still increasing; if the daily close can stay above 2.00, there's still potential in the short term. But position size must be controlled, total position no more than 15%, after all, I'm someone who crawled back from a 50% drawdown.
One final question: Do you dare to ambush at this rally, or wait until 1.70 to make a move? Don't tell me bullish or bearish; tell me the operation.
RPL15.49%
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