AzizKhanZamani

RSRUSDT Local S/R| Swing High| Price Action| Volume

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HTX:RSRUSDT   Reserve Rights / Tether USD
Evening Traders,

Today’s analysis – RSRUSDT- trading above a key Local S/R where further upside is probable,

- Points to consider,
- Price action impulsive
- Local S/R support
- Swing High Objective
- Volume Influx

RSRUSDT’s immediate price action is impulsive, trading above a key trade location, the Local S/R Zone, allowing for a bullish bias.

The Swing High is the current objective, exceeding this level will lead to a trend continuation.

There has been a volume influx, this is indicative of a true break, volume follow through is required to suction momentum.

Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.

Hope this analysis helps

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