$RIF – Breakout Attempt Loading, Range Expansion Incoming ⚡📈
ENTRY ZONE: 0.032 – 0.035
BULLISH ABOVE: 0.038
STOP LOSS: 0.028
TARGETS:
🥇 0.060
🥈 0.100
🥉 0.180
🔍 Market Context:
· Current price: ~$0.0326 (+1.61% 1D) based on recent technical data
· Technical summary: Mixed signals with 14 sell, 8 neutral, 3 buy indicators on daily timeframe
· Moving averages: 13 sell signals vs 1 buy — overhead resistance remains heavy
· Oscillators: Neutral with RSI(14) at 45.66, showing room for momentum to build
· Key support: $0.0303–$0.0320 (Fibonacci and classic pivot levels)
· Immediate resistance: $0.0346–$0.0355
· Major resistance zone: $0.0688 — critical level where previous rallies have faltered; a sustained breakout above this could trigger bullish scenario toward $0.2352
📊 Community Sentiment:
Recent Binance Square posts show bullish momentum building with higher lows forming and price holding above key support near 0.0320 . Multiple traders report accumulation signals with stable volume and bullish structure on lower timeframes .
The Thesis:
$RIF is attempting to break out from a multi-month compression zone. The 0.032–0.035 range offers a low-risk entry if support holds. A clean move above 0.038 confirms momentum shift, opening the path toward 0.060 initially. The real expansion happens above 0.0688, targeting 0.10 and 0.18 in later stages .
Trade $RIF here 👇
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