ðParadisers, direct your attention to RPLUSDT as it showcases a compelling trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.
ð Historically, RPL has demonstrated its prowess by breaking free from a descending channel, propelling itself upwards. Even after facing resistance, it's evident that the momentum is being recaptured. The current positioning within the demand zone further amplifies the bullish narrative.
ð However, should the asset falter in maintaining its momentum, there's a significant chance it might find bullish support around the 21.09 mark. A breach below this threshold could trigger a pronounced downward shift.
ð It's worth noting that some novice traders might be inclined to go long at this juncture, so it's crucial to stay ahead of the curve and strategize wisely.
ð Additionally, the MACD indicators hint at a diminishing selling pressure, increasing the probability of a retest of the aforementioned resistance.