technical analysis and trade signal for the $RSR /USDT pair:

Technical Analysis:

Current Price: $0.021845

24h High: $0.026000

24h Low: $0.009274

Recent Momentum: The RSR/USDT pair has shown significant volatility with a sharp upward move of +135.45% in the last 24 hours, indicating strong bullish momentum.

Support and Resistance Levels:

Support Levels:

S1: $0.009274 (24h low) – A strong support zone that buyers could step in if price retraces.

S2: $0.015000 – A critical support where price may seek consolidation before any further upward momentum.

Resistance Levels:

R1: $0.026000 (24h high) – A key resistance level where price is facing selling pressure.

R2: $0.030000 – A secondary resistance zone to watch if price breaks through R1.

Trade Momentum:

The RSI (Relative Strength Index) is likely showing overbought conditions given the recent surge, suggesting the potential for short-term consolidation or a pullback. However, if it stays above 50, the momentum remains bullish.

Moving Averages (MA): A crossover above the 50-day moving average could signal more upside potential, while a breakdown below the 20-day MA would point to a pullback.

Trade Signal with Targets:

Entry Point:

Buy Entry: Around $0.0210 (current price area), with confirmation of bullish trend continuation (if RSI stays above 50 and price holds above support).

Target Levels:

1. First Target (T1): $0.026500

Aim for a short-term profit as the price might test the recent high.

2. Second Target (T2): $0.030000

Watch for continuation toward this level if bullish momentum holds strong.

3. Third Target (T3): $0.033000

If the price breaks the second resistance level and the bullish trend continues, this could be a potential level for a longer-term target.

Stop-Loss:

Stop-Loss: Set at $0.018500 (below support) to protect against downside risk.

Trade Momentum:

Bullish Momentum is confirmed as long as the price stays above $0.018500. Watch for any major dips below this level, which could indicate a shift to bearish sentiment.