$RIF Indicator analysis -📊 In 1 day Timeframe Supertrend is Red at 0.13$ this is now acting as the resistance.
Ema 21- 0.11 Ema 50- 0.10 Ema 200-0.06
Right now #RIF is in a critical zone If you look at the Indicators There is a clear short oppurtunity that is formed on the chart. While it is currently in the Ema 21 range usually this is my first confirmation for short entry. So if this Ema 21 gets broken out then it will go towards the Red supertrend at 0.13$ where i am waiting for the full entry rejection. If #RIF Failed to break 0.13 then Ema 21 will be my first target and Ema 200 will act as the final zone for the trade closure.
Overall This is my current plan in this token
0.11-0.13 is the key decision point for pump or dump. $DEXE $BANK My opnion- Usually these projects are whales manipulation i am expecting a big drop soon. but sometimes these indicators doesn't mean much if there is heavy manipulation. Keep an eye on that. If you are taking trades then must manage risk 🔴
If you want to short any token right now $RIF is the perfect choice for that. Pump came from the black arrow which is the supertrend Range at 0.04$. But on the weekly candle it's a big wick. Most of the time wick like this are bearish and weekly will be red closing which is a bearish sign. $DEXE $BANK #RIF will go down in the next two-three days. I am watching the price action and will be adding in this range 0.11-0.13$. weekly candle need to close on red for this trade to be valid 👀