Price Prediction:
Short-term (1-3 months): The price is likely to test the $10.00 support zone. If breached, expect a rapid decline to $7.38.
Mid-term (6-12 months): A potential recovery to $13.69 depends on improved earnings and bullish technical patterns, with $15.47 as the upper bound.
The technical and fundamental outlook for RKT remains bearish in the short term, with a speculative potential for mid-term recovery contingent on structural improvements and positive earnings surprises. Aggressive traders may capitalize on short opportunities near $10.20, while conservative traders should await a confirmed breakout above $12.50 for long positions. Adherence to strict risk management is paramount due to heightened volatility.
Short-term (1-3 months): The price is likely to test the $10.00 support zone. If breached, expect a rapid decline to $7.38.
Mid-term (6-12 months): A potential recovery to $13.69 depends on improved earnings and bullish technical patterns, with $15.47 as the upper bound.
The technical and fundamental outlook for RKT remains bearish in the short term, with a speculative potential for mid-term recovery contingent on structural improvements and positive earnings surprises. Aggressive traders may capitalize on short opportunities near $10.20, while conservative traders should await a confirmed breakout above $12.50 for long positions. Adherence to strict risk management is paramount due to heightened volatility.
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