RSR is not overbought. It’s under-positioned.
$RSR just printed $0.001767, up 10.30% today, and the crowd is still treating it like a dead token. That’s the mistake.
The 4h move is +7.7%. Volume is running 1.7x its 20d average. Shorts are paying -0.240% funding to stay short. That is not bearish conviction. That is trapped positioning. ⚡
RSI at 68 means it’s hot, sure. But hot is not the same as finished, especially while $BTC chops and RSR is still 41% below its 30d high.
At $0.002, I’d trim into strength rather than chase the candle. Until then, the mixed moving averages are just noise around a real momentum shift. 📈
#RSR #CryptoNews #Crypto
$RSR just printed $0.001767, up 10.30% today, and the crowd is still treating it like a dead token. That’s the mistake.
The 4h move is +7.7%. Volume is running 1.7x its 20d average. Shorts are paying -0.240% funding to stay short. That is not bearish conviction. That is trapped positioning. ⚡
RSI at 68 means it’s hot, sure. But hot is not the same as finished, especially while $BTC chops and RSR is still 41% below its 30d high.
At $0.002, I’d trim into strength rather than chase the candle. Until then, the mixed moving averages are just noise around a real momentum shift. 📈
#RSR #CryptoNews #Crypto