RY is testing critical confluence support at the SMA50 ($226.24) and S1 ($225.93) within a long-term uptrend. With RSI resetting to 41 and volume increasing, this pullback offers a favorable risk/reward ratio for accumulation. The setup targets a rebound to Resistance 1 ($236.57), aligning with the analyst consensus target, while the stop is placed below recent support volatility.