The post RSR Technical Analysis Feb 24 appeared on BitcoinEthereumNews.com.

RSR is squeezed at lower levels while maintaining the LH/LL structure in a downtrend; if the $0.0013 support breaks, a bearish BOS may be triggered, and if the upper $0.0029 resistance is surpassed, a CHoCH signal may appear. Market Structure Overview RSR’s current market structure reflects a clear downtrend. The recently formed lower highs (LH) and lower lows (LL) pattern indicates dominant bearish momentum. The price is trading below the EMA20, confirming the short-term bearish structure. The Supertrend indicator is also giving a bearish signal around the $0.00 resistance level. In multi-timeframe (MTF) analysis, 5 strong levels were identified on the 1D, 3D, and 1W charts: 2 supports/1 resistance on 1D, 2 supports/1 resistance on 3D, and 1 support on 1W. These levels determine structural integrity. RSI at 34.46 is approaching the oversold region, while the MACD histogram is neutral at the zero level. The 24-hour +2.31% change is positive, but the overall structure is downtrend-focused. Market structure analysis is based on higher highs/higher lows (HH/HL) for bullish trends or lower highs/lower lows (LH/LL) for bearish trends. In RSR, LH/LL is dominant, meaning each new high is lower than the previous high, and each low is lower than the previous low. This signals weak buyers and sellers in control. Monitoring critical levels for structure break (BOS – Break of Structure) is essential: surpassing the last LH ($0.0029) for upside BOS, and breaking the last LL ($0.0013) for downside BOS. Change of Character (CHoCH) is the first signal of trend change; for example, forming a higher low (HL) in a downtrend could be a bullish CHoCH. Trend Analysis: Uptrend or Downtrend? Uptrend Signals Signals for higher highs and higher lows are weak. Recently, the price tested a swing low around $0.0014 but failed to form a new HH. Bullish continuation target…

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Filed under: News - @ February 24, 2026 10:17 pm