$RIF IS OVEREXTENDED AFTER THE STRONG RALLY 🎯
Entry: 0.1285 – 0.1300 🔥
Target: 0.1220 🚀
Stop Loss: 0.1368 ⚠️
That rally pushed RIF into a zone where it’s been rejected twice before in the past two weeks. Volume is already starting to fade on the hourly, and the bid depth is thinning above 0.1320. When momentum slows like this and price is sitting at a historical resistance range, shorting into liquidity often pays fast.
The target gives you about a 1:2 risk-to-reward if you enter near the top of the range. Are you waiting for a lower high or taking the short now?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #Overextended #Crypto
🎯
Entry: 0.1285 – 0.1300 🔥
Target: 0.1220 🚀
Stop Loss: 0.1368 ⚠️
That rally pushed RIF into a zone where it’s been rejected twice before in the past two weeks. Volume is already starting to fade on the hourly, and the bid depth is thinning above 0.1320. When momentum slows like this and price is sitting at a historical resistance range, shorting into liquidity often pays fast.
The target gives you about a 1:2 risk-to-reward if you enter near the top of the range. Are you waiting for a lower high or taking the short now?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #Overextended #Crypto
🎯
