🔥 $RIF Eyeing a Reversal After Hitting Rock Bottom! 🚀
$RIF just tapped a local low at $0.0508 and is now attempting a comeback, bouncing to $0.0514 on the 15-minute chart. Although still down -1.34% for the day, early green candles and upticking volume are flashing potential signs of a short-term reversal in play.
If momentum continues to build, has a shot at reclaiming the $0.0531 resistance, opening the door for higher intraday scalps.
📈 Scalp Setup – Reversal Opportunity
Entry Zone: $0.0512 – $0.0515
Take Profit 1: $0.0524
Take Profit 2: $0.0533
Stop Loss: $0.0502
🚨 Key Level to Watch: Must hold above $0.0510 to maintain bullish structure and validate the reversal thesis.
Scalpers, keep it on your radar – this one’s heating up fast.🔥