$RSR Long Liquidation: Massive Liquidation Shakes the Market!
A substantial $6.6466K long liquidation at $0.01409 has shaken $RSR traders, signaling intense market volatility and increasing bearish pressure.
Key Details:
Liquidation Amount: $6.6466K
Liquidation Price: $0.01409
Market Sentiment: A sharp signal of vulnerability in leveraged positions as bears take the lead.
Next Move:
Support Level to Watch: $0.01350 – A critical area where bulls may regroup to slow the sell-off.
Resistance Level: $0.01500 – Bulls must reclaim this zone to spark a recovery rally.
Stop-Loss Guidance:
For Long Positions: Place stop-loss below $0.01340 to minimize downside exposure.
For Short Positions: Tighten stop-loss above $0.01510 to lock in gains.
$RSR is at a pivotal crossroads—traders, monitor these levels and execute your strategies with precision!