$RIF – BEARISH BREAKOUT ZONE, NEW LOWS IMMINENT

SUPPORT TURNED RESISTANCE. DOWNTREND STILL IN FULL FORCE.

$RIF continues to bleed after multiple failed bounce attempts. Price action has now broken below key horizontal support around $0.0576 and is retesting the same level as resistance. This confirms a bearish continuation pattern, with sellers clearly in control and momentum pushing toward lower targets.

SHORT ENTRY: $0.0576

STOP LOSS: $0.0582

TARGET: $0.0558

As long as $RIF stays below the reclaimed resistance, expect further downside extension toward the $0.0558 zone.

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