#RSR
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.008441.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.008663
First target: 0.008776
Second target: 0.008922
Third target: 0.009093
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.008441.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.008663
First target: 0.008776
Second target: 0.008922
Third target: 0.009093
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📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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👉 t.me/CryptoSignalFuturesSpot
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