$RSR has fallen below the 0.0019 level, with the current price at 0.001921.
Around key price levels, I usually watch three things:
① Holding steady: An intraday dip below doesn’t count; it’s a genuine break only if the entire candlestick closes below 0.0019.
② Rebound: Can the price recover 0.0019 when it bounces back near that level? If it can’t, support has turned into resistance.
③ Volume: Does trading volume pick up during the breakdown? A move on low volume is more likely to be a false break.
The price is now back above that level, so the first condition hasn’t been met yet.
Around key price levels, I usually watch three things:
① Holding steady: An intraday dip below doesn’t count; it’s a genuine break only if the entire candlestick closes below 0.0019.
② Rebound: Can the price recover 0.0019 when it bounces back near that level? If it can’t, support has turned into resistance.
③ Volume: Does trading volume pick up during the breakdown? A move on low volume is more likely to be a false break.
The price is now back above that level, so the first condition hasn’t been met yet.