Technical Analysis RSR/USDT

Key Data:

Current Price: 0.008131 USDT (-6.52%)

24h High: 0.008885 USDT

24h Low: 0.008048 USDT

Trading Volume: 715.35 million RSR / 6.02 million USDT

Technical Levels:

Support: 0.008048 / 0.008000 USDT

Resistance: 0.008412 / 0.008626

Order Book and Market Sentiment:

Demand: 54.32% (slightly more buyers).

Offer: 45.68% (fewer sellers, but pressure remains).

Large sell orders: 0.009 / 0.010 USDT – resistance zones

Possible scenarios:

Bullish: If the price breaks 0.008412, growth to 0.0086–0.0088 USDT is possible.

Bearish: If the price falls below 0.008048, correction to 0.0080–0.0078 USDT is possible.

Trading strategies:

Long: Entry 0.0081–0.0082 USDT, target 0.0086–0.0088 USDT, stop loss 0.0080 USDT.

Short: Entry 0.0084–0.0085 USDT, target 0.0081–0.0080 USDT, stop loss 0.0086 USDT.

Summary: Price is in a downtrend but near the 0.0080 support. Wait for a reversal or breakout confirmation before entering a position.

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$RSR