Technical analysis by origami_capital33 about Symbol RSR: Sell recommendation (1/2/2025)

origami_capital33

I am currently short accoss all crypto we have hit resistance on many cryptos i think we retrace abit .Current Resistance Zone: $0.01480 - $0.01528Price is testing a strong resistance area a premium Bearish Confluence:Liquidity Sweep: Price recently grabbed liquidity above prior highs near $0.01528, showing potential exhaustion.Bearish Rejection: Multiple candle wicks near the resistance zone suggest rejection as sell orders dominate.Sellside Liquidity: Below $0.01378, there’s untapped liquidity and an attractive target for short positions.Bill Williams Insights:Alligator Indicator: Moving averages are converging, signaling a potential reversal or consolidation phase before price direction continues.Fractals: A bearish fractal is forming near resistance, adding to the likelihood of a short-term pullback.Trade Idea📉 Short Setup:Entry: $0.01480 - $0.01528Target 1: $0.01406 (38.2% Fibonacci level)Target 2: $0.01378 (Key support & sellside liquidity)Stop Loss: Above $0.01550Trade wisely and manage your risk! 🙌#ICT #RSRUSDT #CryptoTrading #BillWilliams