The $RIF chart is flashing a warning sign, with the recent bounce looking more like a dead cat bounce than a genuine reversal.
$RIF - SHORT🔴

Entry: 0.1292
SL: 0.1362
TP1: 0.1257
TP2: 0.1222
TP3: 0.1187

I'm betting on this short due to the trend structure, which suggests a 70% chance of a continued downtrend on the higher timeframe, aligning with the current EMA20 and EMA50 bias.
What happens next if $RIF breaks below 0.1222?
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