$RSR is +14% today and just printed a textbook shakeout. Here's the setup 👇
Price climbed 45% from 0.001211 in 38 hours, hit 0.001754, then gave back 25% of the move. Plenty of people probably sold that dip.
It dipped through 0.001605, cleared the stops below and RSR is holding around that level now. Sellers had their shot and couldn't push it any further.
The high at 0.001754 is still
$RSR untouched, and I think price wants to go back for it. As long as 0.001605 holds I'm happy to be long. If it doesn't, I'm wrong and out.
📌 My RSR trade: long from 0.001587, stop at 0.001504, target 0.001754 (+10.5%, 1:2)
📊 24h Vol: $65.2M | 24h Chg: +14.1% | Funding: -0.0481%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#RSR #Crypto #Trade