$RIF just fell off a cliff -21% 📉
Broke down through EMA20, EMA50, and EMA200 in one violent drop from 0.14 to 0.045, now bouncing weakly at 0.0634.
RSI at 25 — deeply oversold, but oversold doesn't mean safe to buy yet.
trade plan:
🎯 entry: wait for reclaim of 0.084 (EMA20)
before considering long
🎯 TP1: 0.0911
🎯 TP2: 0.1104
🛑 SL: below 0.0453 (crash low)
This is a knife, not a dip. Structure is broken, best case right now is watching for a base to form, not catching it mid-fall.
#RIF #Layer1 #Crypto
DYOR/NFA
Broke down through EMA20, EMA50, and EMA200 in one violent drop from 0.14 to 0.045, now bouncing weakly at 0.0634.
RSI at 25 — deeply oversold, but oversold doesn't mean safe to buy yet.
trade plan:
🎯 entry: wait for reclaim of 0.084 (EMA20)
before considering long
🎯 TP1: 0.0911
🎯 TP2: 0.1104
🛑 SL: below 0.0453 (crash low)
This is a knife, not a dip. Structure is broken, best case right now is watching for a base to form, not catching it mid-fall.
#RIF #Layer1 #Crypto
DYOR/NFA