$RIF - Bearish pennant forming as exhaustion starts showing near 0.07730. Closing Below 0.07402 could trigger a strong downside Flush 📉
Trade Plan: Short $RIF
✅ Entry: 0.074 – 0.077
⛔ SL: 0.07832
🎯 TP: 1️⃣ 0.04587 | 2️⃣ 0.03628 | 3️⃣ 0.02916
⚠️ Strategy: Keep same SL amount across all positions that u can afford.
🧑💻 Why this Setup?
Price is struggling to maintain higher levels while momentum continues fading across lower timeframes. Sellers remain active near resistance and lower target zones may come into play if 0.07402 fails to hold. As long as $0.07832 stays intact, this setup remains valid.
Click Here to Trade 👉 $RIF
Trade Plan: Short $RIF
✅ Entry: 0.074 – 0.077
⛔ SL: 0.07832
🎯 TP: 1️⃣ 0.04587 | 2️⃣ 0.03628 | 3️⃣ 0.02916
⚠️ Strategy: Keep same SL amount across all positions that u can afford.
🧑💻 Why this Setup?
Price is struggling to maintain higher levels while momentum continues fading across lower timeframes. Sellers remain active near resistance and lower target zones may come into play if 0.07402 fails to hold. As long as $0.07832 stays intact, this setup remains valid.
Click Here to Trade 👉 $RIF
