$RSR /USDT Technical Update: Bullish Momentum in Play

Current Price: $0.01459 (+5.30%)

Bullish Targets for Long Trades

Target 1: $0.01480 (24H high resistance)

Target 2: $0.01500 (Key breakout level)

Target 3: $0.01550 (Extended bullish target)

Long Trade Signal:

Entry Point: Above $0.01460 for confirmation of upward momentum.

Stop-Loss: $0.01420 to manage risk.

Strategy: Look for a breakout above $0.01480 with increased buying volume to sustain bullish momentum.

Bearish Targets for Short Trades

Target 1: $0.01430 (Immediate support)

Target 2: $0.01400 (Deeper retracement level)

Target 3: $0.01350 (Major support zone)

Short Trade Signal:

Entry Point: Below $0.01450 for bearish confirmation.

Stop-Loss: $0.01480 to minimize risk.

Strategy: Monitor rejection near $0.01480 resistance and signs of weakening buying pressure for short opportunities.

Market Insight:

$RSR /USDT has gained strong bullish momentum, rising from $0.01340 to a high of $0.01481. Price action indicates potential for further upside, but traders should watch for resistance near the 24H high.

Pro Tip: Use trailing stops to lock in profits while allowing room for trend continuation.

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