$RSR Hello family, let's analyze the 1H graphic, first let's understand this correction has to do with fundamental market data, USA large whales move to other markets.
$RSR is a "bullet shell" of $BTC, see the charts below, the movements at the time I write this analysis are similar to $BTC. Understanding the reason for the RSR correction requires analyzing the $BTC chart and understanding its trend. bullish or bearish.
Let's analyze the 1H $BTC chart. This downward correction occurs due to economic employment data from the USA. some analysts in $BTC are estimating the asset could reach 65k if this happens RSR could reach 0.005 so be careful.
The signal I see for $BTC to reach 65k MA 30 cuts M90 at the time of low, the same next event occurred on 04/12/24, $BTC even tested 50k.
i.e. RSR may test lower support levels if $BTC's history repeats itself.
Note: this analysis is not an investment recommendation.