RIF's looking juicy for a short, been watching it build up for a bit. Price is hovering near a key level, ready to drop
🔴 $RIF SHORT 📉
Entry $0.068252-$0.068388 | SL $0.070370 (-3.0%) | TP1 $0.067295 (+1.5%) | TP2 $0.064904 (+5.0%) | R/R 1:1.7 | Conf 64%
This setup's got all the right signals - we've got a market structure break, volume confirming direction, and a fair value gap all lining up. The order block and liquidity sweep are the cherries on top, and with the point of interest confluence, it's a pretty solid short setup. The chart's looking pretty clean, too, with a clear path down
3.0% stop loss feels about right, not too tight, not too wide, and it should work with 2-3x leverage to give us some breathing room
Might look to take some profit off the table at the first target, don't want to get too greedy if it starts to move in our favor
As always: manage your risk, this is not financial advice 🙏
$RIF #RIFUSDT #1000CAT #TradingSignals #Write2Earn
🔴 $RIF SHORT 📉
Entry $0.068252-$0.068388 | SL $0.070370 (-3.0%) | TP1 $0.067295 (+1.5%) | TP2 $0.064904 (+5.0%) | R/R 1:1.7 | Conf 64%
This setup's got all the right signals - we've got a market structure break, volume confirming direction, and a fair value gap all lining up. The order block and liquidity sweep are the cherries on top, and with the point of interest confluence, it's a pretty solid short setup. The chart's looking pretty clean, too, with a clear path down
3.0% stop loss feels about right, not too tight, not too wide, and it should work with 2-3x leverage to give us some breathing room
Might look to take some profit off the table at the first target, don't want to get too greedy if it starts to move in our favor
As always: manage your risk, this is not financial advice 🙏
$RIF #RIFUSDT #1000CAT #TradingSignals #Write2Earn