$RIF is showing signs of exhaustion after a sharp sell-off, with the RSI sitting in oversold territory and price holding near the daily low. Bulls need to reclaim key resistance before a meaningful reversal can be confirmed, but this is a zone worth watching for a relief bounce. Trade with proper risk management and wait for confirmation rather than catching the falling knife.
Bullish Trade Idea (High Risk):
Entry: Wait for a 15-minute candle to close above $0.0825-$0.0830 with increasing volume.
Stop Loss: $0.0805