🪙 $RIF
🟢 LONG | 1H
🟢 Entry: 0.07478 — 0.07498
🛑 Stop: 0.07361
🟢 TP1: 0.07614
🟢 TP2: 0.07734
🟢 TP3: 0.07741
📉 RSI at an extreme oversold level of 18.99 (<25), signaling a high-probability mean-reversion long setup. Price is resting directly on the lower Bollinger Band at 0.07489 near the 24h low of 0.07478, forming a strong support confluence. While the MACD remains bearish and the EMA cluster points downward, it is sitting at a cyclical bottom following a 3.34% dump, indicating downside momentum exhaustion. Entry is set at current levels, with a stop loss placed safely below the 24h low. TP1 targets the EMA25 at 0.07614 for an R:R of ~1:2.2, TP2 aims at the middle Bollinger Band, and TP3 targets the 24h high, utilizing a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $RIF
🟢 LONG | 1H
🟢 Entry: 0.07478 — 0.07498
🛑 Stop: 0.07361
🟢 TP1: 0.07614
🟢 TP2: 0.07734
🟢 TP3: 0.07741
📉 RSI at an extreme oversold level of 18.99 (<25), signaling a high-probability mean-reversion long setup. Price is resting directly on the lower Bollinger Band at 0.07489 near the 24h low of 0.07478, forming a strong support confluence. While the MACD remains bearish and the EMA cluster points downward, it is sitting at a cyclical bottom following a 3.34% dump, indicating downside momentum exhaustion. Entry is set at current levels, with a stop loss placed safely below the 24h low. TP1 targets the EMA25 at 0.07614 for an R:R of ~1:2.2, TP2 aims at the middle Bollinger Band, and TP3 targets the 24h high, utilizing a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $RIF