RSR/USDT It shows bouncing this can be a good sign for upward!

💎 Paradisers, #RSR is indeed a coin worth monitoring closely.

💎 With a bullish candle rejection observed on the LTF demand area at 0.00568, there's potential for a bullish reversal. If RSR successfully backtests the resistance at 0.077, it could indicate a strengthening bullish sentiment.

💎 Breaking above the key supply area at 0.00916 would further solidify this bullish momentum, potentially paving the way for RSR to reach our target strong resistance area.

💎 However, if RSR fails to bounce from the LTF demand area, there's a possibility of a retracement towards the Major demand area around 0.0052 - 0.0048. Historical data suggests that RSR has exhibited consistent bounces from this zone, often leading to significant upward movements.

💎 The bullish scenario would be invalidated if the daily candle closes below the Major demand area. Such a development would signal a bearish momentum, potentially leading to further downward movement for RSR.

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