RSR Technical Analysis Feb 10
The post RSR Technical Analysis Feb 10 appeared on BitcoinEthereumNews.com.
RSR is reflecting the downward trend seen across altcoins, maintaining its bearish character with the LH/LL structure. A BOS above the $0.0017 resistance could trigger a structure change. Market Structure Overview RSR’s current market structure shows a clear downtrend. The price is positioned below the EMA20 (around $0.00), and the Supertrend indicator is giving a bearish signal. MTF (Multi-Timeframe) analysis has identified 7 strong levels across 1D/3D/1W timeframes: 1 support/2 resistances on 1D, 1 support/0 resistance on 3D, and 2 supports/2 resistances on 1W. This indicates the overall structure is downtrend-focused with strong resistance opposing upward moves. RSI is at 31.51, approaching the oversold zone, but the MACD histogram remains neutral around zero. The 24-hour change is -%3.15 negative, and the range has narrowed ($0.00 – $0.00). The market is continuing its bearish character with the LH/LL (Lower Highs/Lower Lows) pattern; recent swing lows have dipped below previous lows, while highs have stayed at lower levels. Trend Analysis: Uptrend or Downtrend? Uptrend Signals An uptrend requires an HH/HL (Higher Highs/Higher Lows) structure, which is not present at the moment; however, holding the $0.0015 support level (score: 60/100) could provide hope for short-term HL formation. The bullish continuation target of $0.0029 (score:30) should be monitored, but breaking above the $0.0017 resistance (score:62/100) with a BOS is required for this level. An RSI reversal from below 30 oversold could trigger a temporary HH attempt, but MTF resistance distribution (4 resistances on 1D/1W) limits upward movement. Downtrend Risk The downtrend dominates with the LH/LL pattern evident. As long as it stays below the recent swing high of $0.0017 and $0.0039 (score:61/100), new LLs are forming. The bearish breakdown target of $0.0002 (score:22) should be kept in mind. Supertrend bearish and position below EMA20 support trend continuation. Although there are 2 supports on the…
Filed under: News - @ February 11, 2026 12:22 am