By the time everyone is talking about it, the entry is no longer great.
$RSR Buyers are starting to step in near the bottom.
The price is just above the two-day low, funding is negative, and longs aren't crowded.
The issue is that open interest hasn't moved much, and volume is a bit inconsistent.
Start with a small position and add if volume picks up. Stop-loss at 0.001388; first target is 0.001796, then reduce the position by 30%.
#RSR #Futures
$RSR Buyers are starting to step in near the bottom.
The price is just above the two-day low, funding is negative, and longs aren't crowded.
The issue is that open interest hasn't moved much, and volume is a bit inconsistent.
Start with a small position and add if volume picks up. Stop-loss at 0.001388; first target is 0.001796, then reduce the position by 30%.
#RSR #Futures
