$RSR /USDT - Key Levels and Market Outlook!🔥💯
The chart indicates a strong rejection from the resistance zone at $0.01186, highlighted by the purple zone. A retest of the support near $0.01120 suggests possible consolidation in this range before the next move.
Market Insight:
1. Short Trade: A break below $0.01120 may trigger a downward move toward $0.01080, offering a short trade opportunity with a tight stop above the resistance zone.
2. Long Trade: If the price sustains above $0.01150 and breaks through $0.01186, expect a bullish continuation to $0.01220 and beyond.
Next Move:
• The price structure suggests buyers are defending the support aggressively.
• If volume increases and price reclaims $0.01186, a bullish breakout is highly likely.
• Failing this, we could see another test of the lower support at $0.01100.
Pro Tip: Secure partial profits at resistance and adjust stop-loss levels to mitigate risk. Monitor for strong volume confirmation before taking major entries.
Stay sharp and trade wisely!
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