$RSR Sharp Reversal With Bullish Continuation Potential...
$RSR has just posted a clean +18% move off the 0.0051 bottom, breaking a multi-session downtrend with strong green candles and increased volume. This is a classic short-squeeze setup with room for a trend continuation.
š Long Trade Setup
⢠Entry Zone: 0.00650 ā 0.00665
⢠TP1: 0.00705
⢠TP2: 0.00745
⢠TP3: 0.00820
⢠Stop Loss: Below 0.00610
š Technical Outlook:
The momentum surge from the 0.0051 support zone is backed by rising buy-side pressure. A retest of 0.0065 could be a high-probability bounce zone if market strength continues.
Manage your position size. This is a volatility-driven reversal play protect capital.