$RSR Here’s a detailed and simple analysis for (Reserve Rights) based on the liquidation information and a technical trading perspective.

Current Update.

A long liquidation of $14,581 occurred at a price of $0.01026.

This suggests traders closed long positions, possibly due to price failing to hold support or reaching stop-loss levels.

What’s Next for $RSR.

1. Buy Zone.

The potential buy zone is calculated around key support levels where buyers may step in.

$0.00980 to $0.01010

This range is a low-risk entry point, as it aligns with historical support levels.

2. Targets.

If the price rebounds, focus on these targets for profit-taking.

Target 1: $0.01050

Target 2: $0.01100

Target 3 (Extended). $0.01150

These levels represent key resistance zones where sellers might dominate again.

3. Stop-Loss.

To minimize risk, place your stop-loss below the support zone.

Stop-Loss. $0.00950

This ensures you exit if the price continues to drop, indicating further weakness.

Technical Insights.

Support Zone. $0.00980 is a critical support area from previous price action.

Resistance Zone. $0.01100 and $0.01150 are significant levels where upward momentum could face resistance.

Market Sentiment. After a liquidation event, the market may consolidate or test support before attempting a recovery.

Strategy and Advice.

Patience. Wait for confirmation of support holding near the buy zone (e.g., bullish candles or volume increase).

Position Sizing. Start small and add to your position if the trend strengthens.

Monitor Closely. Adjust your targets and stop-loss levels if market conditions change.

This trading plan is based on technical analysis and recent price behavior. Let me know if you need further clarification.

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