$RSR /USDT – Short Trade Setup for Spot and Futures
Current Price: $0.007616
Daily Gain: +5.85%
24h High: $0.007680
24h Low: $0.007175
Volume (RSR): 428 Million
Volume (USDT): $3.17 Million
Why a Short Trade May Work:
RSR has moved up over 5% today, but price is now close to a key resistance at $0.007680. There are early signs of weakness as the price struggles to move higher. If RSR fails to break above this level, it may pull back.
Important Price Levels:
Resistance zone: $0.007680
Support zones: $0.007545 and $0.007196
Short Trade Plan:
Sell Entry Zone: $0.00760 – $0.00768
Stop Loss: Above $0.00772
Target 1: $0.00720
Target 2: $0.00700
Target 3: $0.00688
Summary:
RSR is showing signs of slowing down near resistance. If it fails to push higher, a short trade could give a good opportunity. Use stop loss to manage risk. Best for short-term futures or spot traders watching for a pullback.