RSR/USDT Break or Down ??? Reserve Rights Analysis Today

Yello Paradisers, Interesting Coin! #RSR

💎 RSR is currently navigating within a descending channel pattern. The optimal buying opportunity would be to await a breakout from this descending channel pattern.


💎 RSR presents an intriguing scenario as it has been able to sustain above the key support area, preventing further decline. Numerous attempts to breach this key support area have resulted in failure, leading to subsequent rebounds. This suggests that RSR is in a phase of accumulation, potentially gearing up for a significant upward movement.

💎 Adding to this perspective is the recent development where RSR exhibited a strong green bullish Marubozu candle on the daily close, hinting at the possibility of continued upward movement in the subsequent candle and a potential break from the descending channel.

💎However, this analysis would be invalidated if RSR were to close below the key support area in the daily close candle.

Trade closed: target reached:

Boom! #RSR is doing just what we said. Up 57.85% and looking good!