Looks like $RIF has been struggling after that run up yesterday morning. We saw a decent rejection from the 0.065 area, which is clearly acting as resistance right now.
The price has been consistently making lower highs and lower lows since then, but it looks like we might be finding some temporary support around the 0.059 - 0.060 zone.
Volume isn't super high right now, which isn't ideal for a strong bounce.
If we can hold this 0.059 level, we might see a push back towards 0.0615 - 0.062. But if that 0.059 breaks, then we're likely heading lower to test 0.058 or even 0.057.
Gotta watch that volume on any potential move up. Stay sharp out there.
