RSR / TetherUS
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#RSRUSDT Forming Bullish Momentum

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#RSR

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

A key support zone (in green) was found at 0.001350, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.001460
First Target: 0.001475
Second Target: 0.001498
Third Target: 0.001530

You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone (in green).

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
أغلقت الصفقة: تم الوصول للهدف
لقطة

#RSR
First Target: 0.001475 Reached
Second Target: 0.001498 Reached
Third Target: 0.001530 Reached

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