- Reflect ($RFL) surged over 52% in 24 hours, breaking above $0.30 and nearing the key resistance at $0.3729.
- The token established support at $0.1797, holding steady through multiple bullish breakouts since April.
- Continued momentum could signal a new trading range if resistance near $0.3729 is breached in coming sessions.
Reflect ($RFL) recorded a sharp rise in price early on June 9, 2025, posting a 52.8% increase to reach $0.283. The asset, listed as #2273 by market ranking, has shown strong momentum on the 4-hour chart, with consecutive bullish moves confirmed by three major price spikes since April. This recent breakout positions RFL among today’s notable market movers. Its current upward trajectory places it near a critical resistance zone, suggesting further price action may unfold soon.
Multiple Breakouts Show Strong Market Activity
The chart published on TradingView shows three distinct breakout formations, each followed by higher price consolidation. These upward moves occurred progressively in April, late May, and most recently, in early June.
As of this writing, the token trades at $0.32684, according to the latest chart data from MEXC Exchange. This rally reflects renewed buying pressure and a rapid increase in trading volume, with the token breaking past a key mid-level range between $0.20 and $0.30. Each price movement suggests the market is attempting to form a new base before the next push.
Key Levels in Focus as Momentum Builds
RFL now finds support at $0.1797, which has acted as a holding zone during earlier retracements. The current upward move faces resistance near $0.3729, a level that has not been tested since early February, based on the historical chart range. If the token sustains its pace and continues above $0.3729, it could establish a new trading range altogether. Traders observing this structure will likely monitor how the price behaves around that resistance level and whether momentum remains intact. The recent price acceleration mirrors patterns seen in volatile upward cycles.
Volume Patterns and Price Direction
The 4-hour chart data indicates price volatility remains high. Alongside the sharp price move, the chart points to a bullish shift in sentiment. The rising formation and upward arrows on the chart signal that traders have reacted positively to recent technical triggers.
However, no pattern is permanent, and traders will likely pay close attention to support and resistance zones in the coming hours. With RFL trading above its recent average, all eyes remain on whether it can maintain upward pressure or revisit previous consolidation levels.