Coin
$RIF Just pushed towards the upper shadow zone at 0.0668 after a clean reclaim of dynamic support... but honestly, I'm not thrilled that most folks caught onto the movement late. Trading volume expanded with the breakout, but the momentum is clearly overcooked right now. The market has gotten 'too hot'... while new buyers are chasing the movement after the launch.
That said, the path of least resistance still leans upward. Most likely, smart money is defending the same reclaim area, not the upper shadow.
The next target is at 0.0677 if buyers maintain the buying pressure. As for 0.0631, I see it as the real invalidation point. Breaking this important dynamic average... turns the scenario from a continued bullish trend to a failed breakout.
Don't chase green candles like rent is due tomorrow... wait for confirmation, a retest, or signs of exhaustion before acting like the market owes you clarity.
#RIF #Write2Earn #TechnicalAnalysis
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