This is followed closely by the 61.8% Fibo. retracement level at $4,908.40. A clear break above this cluster would open the way toward $5,131.50 and ultimately $5,415.69.
On the downside, immediate support is provided by the 50.0% retracement at $4,751.70, with a break there exposing the next Fibonacci floors at $4,595.00 and $4,401.11, ahead of more substantial structural support near $4,087.71. $TRADOOR $RAVE
Following a confirmed breakout of the trendline, RIF has shown strong bullish momentum, indicating increased buying pressure and potential continuation toward higher levels.
The breakout suggests a shift in structure, so it’s worth keeping a close eye on price action for further upside opportunities. $TRADOOR $RAVE
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