#RSR/USDT
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$RSR is continuing its uptrend, similar to other altcoins, and has broken through the resistance area. The short position was closed with a stop loss. This zone has now become support, and it is essential to stay above this level to maintain a bullish outlook.
Support Area: $0.00888-$0.00957
$RSR is the utility and governance token of the Reserve Protocol, a decentralized stablecoin platform aiming to provide financial stability in hyperinflation-prone economies. The protocol uses asset-backed stablecoins called $RTokens, and plays a critical role in ensuring their stability through arbitrage and collateral insurance. As adoption of decentralized finance grows, Reserve’s mission to create accessible, inflation-resistant currencies has drawn global interest. Rsr holders can vote on protocol upgrades and participate in maintaining reserve stability.