I fumbled $RIF hard. Bought the bounce, sold the chop, then watched it grind to $0.0724 anyway 😤
That one hurts.
It’s up 5.54% on the day and +5.8% over the last 4h, RSI sitting 59, but the volume is weak at $823.51K and only 0.1x its 20d average. That’s the part I missed. Price is still below the 20d and 50d MAs, so this is not a clean breakout yet. Longs are even paying funding at 0.005% 📉
Still, it’s 28% up off the 30d range and crawling off the lows.
I sold too early. Again. 😅 Bull or bear on $RIF from here?
#RIF
#Crypto
That one hurts.
It’s up 5.54% on the day and +5.8% over the last 4h, RSI sitting 59, but the volume is weak at $823.51K and only 0.1x its 20d average. That’s the part I missed. Price is still below the 20d and 50d MAs, so this is not a clean breakout yet. Longs are even paying funding at 0.005% 📉
Still, it’s 28% up off the 30d range and crawling off the lows.
I sold too early. Again. 😅 Bull or bear on $RIF from here?
#RIF
#Crypto