🤑$RIF /USDT Pullback – Support Holding or More Dip Ahead? 📉
$RIF is currently trading at $0.0497, down -1.97%, slipping just below the short-term EMA(7) at $0.0500.
It’s also trading under EMA(25): $0.0506 and EMA(99): $0.0517, showing near-term weakness.
However, the $0.0485 low is acting as a strong support zone, with buyers defending the level.
Volume remains moderate at 6.91M RIF, indicating cautious market sentiment.
This could be a bounce setup if the price holds above $0.0485 with a spike in volume.
Layer 1 interest remains high – RIF may catch fire on trend reversal.
✅ Trade Setup – LONG (Support Bounce Play)
🎯 Entry: $0.0497
🎯 TP1: $0.0512 | TP2: $0.0528 | TP3: $0.0544
🛡 Stop Loss: $0.0480
⚡ Eyes on $RIF – if the bounce comes, it could be quick and sharp!