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$RSR Trade Idea: Strong Support Bounce Forming 🚀
On the 4H chart, a clear reversal structure is developing. After trending lower from the 0.001706 peak,
$RSR has established a firm base around 0.001338. Buyers defended this demand zone strongly, printing a solid bullish recovery candle. Momentum is now shifting upward, with price breaking out of local consolidation—suggesting a potential continuation move higher.
Trade Plan (High-Probability Long Setup):
📈 Bias: LONG
⚙️ Leverage: 10x–15x
🎯 Entry Range: 0.001390 – 0.001415 (Market entry or scale in on a minor pullback)
Take Profit Levels:
TP1: 0.001480 (Near-term resistance)
TP2: 0.001560 (Key supply zone / prior lower high)
TP3: 0.001706 (Extended target at the previous swing high)
🛡️ Stop Loss: 0.001320
(Placed below the recent wick low at 0.001338 to reduce the risk of fakeouts while keeping enough breathing room).
🧠 Pro Tip: Technical setups matter, but psychology matters more. Discipline, risk management, and proper position sizing are crucial—especially with leverage. Stick to your plan, wait for confirmations, and avoid emotional decisions.
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