RSR is showing strong bullish momentum on the 4H timeframe. Price has recovered from its recent consolidation zone, and buying volume is picking up. Bulls are gaining strength, suggesting a potential continuation toward higher resistance levels.
LONG TRADE SETUP
* Entry Zone: $0.001746 – $0.001753
* TP1: $0.001850
* TP2: $0.001950
* TP3: $0.002050
* TP4: $0.002150
* TP5: $0.002228
* Stop Loss: $0.001631
Technical Analysis:
* Strong bullish recovery on the 4H chart.
* Buying volume is increasing.
* Bulls are showing strength.
* A confirmed breakout could trigger another upward move.
* Next major target is $0.002228.
Important: Wait for bullish confirmation before entering. Avoid chasing a sudden pump and always manage your risk.
Wall Street has been watching $BTC closely, and this chart tells an interesting story.
Over the past four months, Bitcoin has been outperforming the Nasdaq.
Even this week, while Nasdaq took a hard hit, Bitcoin managed to hold around $75,500. It's also outperforming Nasdaq so far this month.
Now, here's what matters:
-The BTC/Nasdaq pair is testing resistance again. -If Bitcoin holds its current support, that's a very bullish sign. -But if it breaks down, we could see another test of the daily MA 200 near $73,240, followed by the weekly MA 200 around $67,760.
Looking at the bigger picture, this structure could take another 6–8 months of sideways movement before the next parabolic rally.