🚨 $RIF SHORT SETUP — WHEN DOES THE BREAKDOWN FAIL? 👀🔴
$RIF lost 0.07235 on a high-volume 5m candle, while the 15m close remains below SMA20.
🔴 Entry: 0.07227
🎯 TP1: 0.071265
🎯 TP2: 0.070595
🎯 TP3: 0.06959
🛑 SL: 0.07294
⚠️ Cancel the setup early if:
• Price reclaims 0.07235 and holds above it.
• A strong bullish candle closes above the breakdown zone with rising volume.
• The 15m candle closes back above SMA20, weakening bearish momentum.
The key is confirmation, not chasing the move. If bearish momentum fades, reassess before the stop is hit.
What would invalidate your $RIF short? 👇
#RIF #CryptoTrading #BinanceSquare
$RIF lost 0.07235 on a high-volume 5m candle, while the 15m close remains below SMA20.
🔴 Entry: 0.07227
🎯 TP1: 0.071265
🎯 TP2: 0.070595
🎯 TP3: 0.06959
🛑 SL: 0.07294
⚠️ Cancel the setup early if:
• Price reclaims 0.07235 and holds above it.
• A strong bullish candle closes above the breakdown zone with rising volume.
• The 15m candle closes back above SMA20, weakening bearish momentum.
The key is confirmation, not chasing the move. If bearish momentum fades, reassess before the stop is hit.
What would invalidate your $RIF short? 👇
#RIF #CryptoTrading #BinanceSquare