$RIF Trading Analysis

Market Structure:

Short-term uptrend losing strength; momentum shifting bearish after rejection from recent high. Lower highs forming on lower timeframes.

Price Action:

Failed to sustain above resistance (0.0563), followed by rejection wicks and early breakdown from local consolidation → signaling distribution.

Trade Setup (Short):

Entry Zone: 0.0540 – 0.0552

Targets:

Tp1- 0.0525

Tp2- 0.0515

Tp3- 0.0495

Stop Loss: 0.0565

Bearish continuation likely as price loses structure and sellers gain control.

#RIF #crypto #TradingSignals #short

RIF
RIFUSDT
0.05518
+4.19%