$RIF /USDT – Bearish Pressure, But Bounce Attempt in Motion! 🚨
Current Price: $0.0514 (−1.34%)
📉 Market Structure:
$RIF is in a short-term downtrend after losing support at $0.0525. However, it’s showing signs of a relief bounce from the $0.0508 low.
📌 Key Levels:
Support: $0.0505
Resistance: $0.0522
Breakout Level: $0.0530
📈 Trade Setup:
Entry Zone: $0.0510–$0.0515
TP1: $0.0522
TP2: $0.0530
TP3: $0.0548
Stop Loss: $0.0502
💡 Pro Tip:
Wait for a confirmed bullish engulfing candle above $0.0518 on volume before entering. Sideways accumulation could lead to a mini breakout if $BTC remains steady.
⚠️ Caution: Trend still fragile — this bounce needs follow-through to flip structure. Keep stops tight!
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