$RIF USDT is showing a strong impulsive move followed by a healthy consolidation and controlled pullback. Price respected the demand zone after a sharp liquidity sweep to the downside and is now reclaiming key intraday levels, indicating buyers are stepping back in with strength. The structure remains bullish as long as price holds above the recent higher low.
Trade Setup (Long):
Entry: 0.0375 – 0.0382
TP1: 0.0395
TP2: 0.0410
TP3: 0.0430
SL: 0.0358
Market Outlook:
Overall market structure remains bullish on the lower timeframe. Continuation is expected if price holds above the support zone; a breakdown below invalidates the setup and may lead to deeper retracement.
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RIFUSDT
Perp
0.04146
+7.96%