RCAT is forming a descending triangle pattern on the 30-minute chart, signaling a potential breakout. Entry is set at $7.32 with a stop-loss at $6.28. Profit targets are $8.53 and $10.02. Watch for a breakout above the resistance line to confirm momentum. Apply proper risk management while trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.