RIF bounce needs confirmation
🔴 $RIF - SHORT

Trade Plan:
Current Price: $0.05399 
Entry: $0.0544 - $0.0558
SL: $0.0582
TP1: $0.0524
TP2: $0.0502
TP3: $0.0475

RIF is active, but the bounce is pushing into a zone where sellers can defend a lower high. I prefer the short only if price retests $0.0544-$0.0558 and fails to build acceptance there. If $0.0524 breaks, the structure can rotate lower quickly because buyers lose the nearest support shelf. Above $0.0582, the short thesis is no longer clean.

Does RIF reject the retest before support breaks?
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DYOR & manage risk!
$RIF

RIF
RIFUSDT
0.05023
-6.75%