RSR is slipping through a key resistance as the market eyes a fresh short opportunity on Binance Square. Momentum is turning sharply lower, setting the stage for a rapid decline.
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🔴 $RSR SHORT 📉
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📍 Entry Range: $0.001538 – $0.001542
🛑 Stop Loss: $0.001586 (-3.0%)
🎯 TP1: $0.001517 (+1.5%)
🏆 TP2: $0.001463 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The CHoCH broke the bullish swing, while CVD confirmed heavy sell volume. A fresh FVG aligns with an order block, and a liquidity sweep cleared the last buying cushion, creating a POI where the OB and FVG overlap.
A 3% stop is relatively tight for this volatility, so keep leverage modest, around 3x to 5x.
Take half profit once price hits the first target to lock in gains.
Not financial advice — always manage your own risk 🙏
$RSR #RSRUSDT #THORChain #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $RSR SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.001538 – $0.001542
🛑 Stop Loss: $0.001586 (-3.0%)
🎯 TP1: $0.001517 (+1.5%)
🏆 TP2: $0.001463 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The CHoCH broke the bullish swing, while CVD confirmed heavy sell volume. A fresh FVG aligns with an order block, and a liquidity sweep cleared the last buying cushion, creating a POI where the OB and FVG overlap.
A 3% stop is relatively tight for this volatility, so keep leverage modest, around 3x to 5x.
Take half profit once price hits the first target to lock in gains.
Not financial advice — always manage your own risk 🙏
$RSR #RSRUSDT #THORChain #TradingSignals #Write2Earn