RSR/USDT Approaches a crucial resistance area. Breakout ??

💎 RSR has been drawing significant attention in the market, particularly as it approaches a crucial resistance area. Historically, RSR has repeatedly faced strong rejections at this level, indicating the challenge of surpassing it. A breakthrough of this resistance could probability lead to a notable upward trend, with our next target being the Bearish OB area.

💎 However, if RSR struggles to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a risk of facing another rejection. This could result in RSR reversing its direction, moving back towards the demand area.

💎 The demand zone plays a vital role as the last line of support for RSR's bullish momentum. If RSR fails to rebound upon reaching this zone and is unable to sustain levels above this key support, it risks a breakdown. A failure to hold above the demand level could lead to a shift towards the Strong support area, indicating a bearish turn for RSR.

Trade closed: target reached:

#RSR’s 100% rise? Called it!