#RIO - Price Analysis:
Like many assets right now: Price action remains flat and indecisive.
Visible H4 Range (yellow zone):
*High: 0.3550 $
*Mid: 0.3250$
*Low: (0.3000 โ 0.2980)
๐ข Bullish Case:
An H4 candle close above 0.3550$ is required to unleash another bullish wave. Watch for targets at 0.3850; 0.4000, and even 0.4400$ resistance zones if momentum continues!
๐ด Bearish Case:
A daily candle close below 0.3100$ or any breakout below the range low could trigger a rapid dump toward 0.2800 - 0.2670, or even 0.2500$ (SSB) level.
Current bias:
Neutral | Waiting for a clear range breakout before acting.
Question: Are you bullish or bearish on #RIO right now? Share your view below! ๐
