$RSR Hello family, how are you? Let's analyze the graphics for 1H #RSR . At this moment, the asset is working within the isometric triangle with a closing date of 06/06.
If everything goes as planned, we might have a breakout and a possible rise testing the resistance at 0.007119. Personally, I don't see this resistance as strong, so it should be easy to break through and move towards the next resistance at 0.007380.
The bulls are defending the region at 0.006733 well; I see it as an excellent point to enter or accumulate.
RSI 1H is oversold, indicating a slight recovery; the moment indicates that we should soon test the top of this channel, with the asset again working at 0.007406. If a breakout of the MA200 occurs, we might test 0.007562 to 0.007799.
Note: My analyses are not indicative of investment; they are only for study and observation.
Good trading to everyone and good luck.
