๐ $RSR /USDC Chart Update! ๐
Current Price: $0.009581 (Rs 2.72)
Key Observations (1h timeframe):
* Recent Pullback: The price has pulled back after hitting a 24h high of $0.010019.
* Moving Averages: Currently below the 7-period MA ($0.009748), suggesting short-term bearish pressure.
* Volume: Increased selling volume observed during the recent downtrend.
What to Watch:
* Support: The 24h low ($0.009085) could act as a key support level.
* Resistance: The 7-period MA and the previous highs around $0.010019 are immediate resistance areas.
Outlook: The short-term trend shows a retracement. Traders should watch for potential bounce-backs or further downside if support levels are broken.
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