Massive $RSR Short Liquidation!

Action on the charts! A colossal $67.6K

short position on Reserve Rights (RSR) just got liquidated at the pivotal price of $0.0177!

With this liquidation, bulls seem to be roaring back in control, pushing short-sellers to the brink.

Could this be the spark for a breakout?

Or just a trap for late buyers?

Key Takeaways:

The liquidation indicates intense volatility around $0.0177.

$RSR Bulls might aim to leverage this squeeze to reclaim higher resistance levels.

Keep an eye on volume surges and RSI for signs of continuation or reversal.

Traders, are you watching the $RSR zone closely?

More liquidations might be lurking just above resistance.

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