$RSR is showing a sharp rejection after failing to hold above the 0.00260–0.00261 supply zone. The move down was impulsive, which tells us sellers are still in control short term, and the current bounce looks corrective rather than a trend shift.

As long as price stays below 0.00258–0.00260, upside is capped and any push higher is likely to face selling pressure. A loss of 0.00253 would expose the 0.00250–0.00248 area next, where buyers may attempt another defense.

For bullish continuation, RSR must reclaim and hold above 0.00260 with acceptance — otherwise, structure remains weak.

Trade idea (short-term):

Entry: 0.00257–0.00259 (on rejection)

SL: 0.00262

TP1: 0.00253

TP2: 0.00249

This is a pullback after distribution near resistance — treat bounces cautiously until price proves strength above the key supply zone.