$RIF Short Setup
Bearish momentum remains intact as price continues trading below key moving averages with sellers defending every recovery. Unless resistance is reclaimed, the path of least resistance remains to the downside.
Entry: $0.0935 – $0.0945
TP1: $0.0910
TP2: $0.0880
TP3: $0.0845
TP4: $0.0801
Stop Loss: $0.0997
Technical View: • Price continues to print lower highs, confirming bearish structure.
• Resistance is holding firm, keeping selling pressure in control.
• A break below $0.0910 could open the door for a move toward the remaining targets.
• The setup remains valid while price stays below the stop-loss.
Manage risk carefully and secure profits as targets are reached.
Bearish momentum remains intact as price continues trading below key moving averages with sellers defending every recovery. Unless resistance is reclaimed, the path of least resistance remains to the downside.
Entry: $0.0935 – $0.0945
TP1: $0.0910
TP2: $0.0880
TP3: $0.0845
TP4: $0.0801
Stop Loss: $0.0997
Technical View: • Price continues to print lower highs, confirming bearish structure.
• Resistance is holding firm, keeping selling pressure in control.
• A break below $0.0910 could open the door for a move toward the remaining targets.
• The setup remains valid while price stays below the stop-loss.
Manage risk carefully and secure profits as targets are reached.