The post RSR Technical Analysis Jan 24 appeared on BitcoinEthereumNews.com. RSR’s current price is hovering around the $0.0025 level, and the main support zone The post RSR Technical Analysis Jan 24 appeared on BitcoinEthereumNews.com. RSR’s current price is hovering around the $0.0025 level, and the main support zone

RSR Technical Analysis Jan 24

RSR’s current price is hovering around the $0.0025 level, and the main support zone between $0.0023-$0.0024 is undergoing a critical test. For an upward move, it must break the $0.0039 resistance; otherwise, the $0.0011 downside target may come into play.

Current Price Position and Critical Levels

RSR is moving within a general downtrend structure and, despite showing a slight 2% recovery in the last 24 hours, continues to remain below the EMA20 (around $0.0028). RSI at the 40 level is giving a neutral-bearish signal, while Supertrend is in a bearish position and shows $0.0029 resistance. On the 1D chart, the price has approached the $0.0023 support zone that forms the bottom of the last downward wave. Multi-timeframe (MTF) analysis detects a total of 10 strong levels across 1D/3D/1W timeframes: 1 support/3 resistances on 1D, 1S/1R on 3D, 2S/4R confluence on 1W. This indicates that the price is sensitive to low liquidity grabs. The recent volume increase is limited, signaling that buyers are not yet strong. In the broader structure, we are approaching the lower band of the 1W downtrend channel; a volume-backed rejection is required for breakout.

Support Levels: Buyer Zones

Primary Support

$0.0023 (Strength Score: 64/100) – This level represents a strong demand zone on 1D and 1W timeframes. Why is it critical? After the major drop in October 2025, there have been two strong rejections here: a 15% bounce with a volume spike on the first test, and order block formation on the second (institutional level where buyers filled large lots). MTF confluence: exact overlap with 3D EMA50 ($0.00231), Fibonacci 0.618 retracement of the 2025 rally. High volume node (HVN) in the volume profile, which can attract stop-losses as a liquidity pool. If rejected, a quick recovery is expected; in case of breach, it opens the path to $0.0011 via liquidity sweep. Historical test count: 4 times, 75% success rate.

Secondary Support and Stop Levels

$0.0024 (Strength Score: 67/100) – Just above the primary support, a short-term secondary buyer zone. It coincides with the recent swing low and 4H order block on the 1D chart; RSI divergence has frequently occurred here (2 times in the last 3 months). Medium volume support, but confluence with EMA100 ($0.00242) adds strength. Invalidation level: close below $0.0023 triggers the $0.0011 downside target (1W channel lower band, score 22/100) for bearish invalidation. Holding this zone is key for short-term bounce; below it, liquidity hunt (stop hunting) is likely.

Resistance Levels: Seller Zones

Near-Term Resistances

$0.0039 (Strength Score: 63/100) – Near-term first obstacle, also marked as an upside target. Why important? 1D supply zone: distribution occurred here during the December 2025 rally, with sellers active (3 rejections, 10% dump on the last one). Confluence with 4H EMA20 and pivot R1, low volume node (LVN) in volume profile – quick passage possible but seller liquidity is high. MTF: 3D swing high. Volume increase required for breakout; if it holds below, bearish continuation.

Main Resistance and Targets

$0.0049 (Strength Score: 69/100) – Major resistance, the main supply block on the 1W timeframe. Historically significant: order block remaining from the 2025 Q3 peak, tested 5 times (4 rejections). Confluence with Fibonacci 0.786 and 1D EMA200 ($0.00485), high volume seller pool. If broken, next target $0.0056 (previous high), but difficult in the current downtrend. R/R ratio: 2:1 favorable from $0.0023 support to $0.0049, but BTC pressure is risky.

Liquidity Map and Big Players

Big players (smart money) are accumulating liquidity at equal lows below $0.0023 – ideal for stop hunts. Above, a sell-side liquidity pool between $0.0039-$0.0049, open to fakeout breakouts. Order flow: bearish imbalance in the last 1W, buyers waiting at $0.0023. Volume delta is negative, but could turn positive on $0.0023 test. Liquidity grab scenario: drop to sweep $0.0023, then reversal. Institutions are building positions within the 1W channel; watch for COT data alignment.

Bitcoin Correlation

BTC is in a downtrend at the $89,616 level, with Supertrend bearish despite a slight 0.1% rise. Main BTC supports at $88,400 / $86,626 / $84,681; if these fail to hold, alts like RSR face an additional 20-30% pressure (beta 1.8). Resistances at $89,661 / $91,188; BTC breakout would trigger a $0.0039 rally in RSR. BTC dominance is rising, altcoin seasonality is low – caution for RSR below BTC $88k, opportunity window above $90k. Correlation at 0.85, BTC moves shift RSR levels.

Trading Plan and Level-Based Strategy

Note: This analysis is not investment advice, it is only a level-based outlook. Apply your own risk management. Bullish scenario: Hold above $0.0023 + volume increase → $0.0039 target (R/R 1:2), stop $0.0022. Bearish: $0.0023 breach → $0.0011 downside, partial target $0.0018. Neutral: $0.0023-$0.0039 range trade. Long bias if BTC holds $88.4k, short below. For spot trading, check RSR Spot Analysis, for futures RSR Futures Analysis. Key: Wait for MTF confirmation, monitor invalidations.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/rsr-support-and-resistance-levels-critical-points-for-january-24-2026

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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