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【$RIF Signal】1H accelerated surge, pullback to accumulate on dips
$RIF 4H MACD bars continue to expand, buying depth at 1.20 shows strong willingness of funds to support. 1H RSI 70.26 in overbought zone, price broke above Bollinger upper band at 0.0810 then slightly pulled back, high turnover evident, short-term selling pressure begins to emerge.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.0798 (near suggested upper limit of the range)
🛑Stop loss: 0.06069
🚀Target 1: 0.08031
🚀Target 2: 0.08685
🛡️Trade management:
- Place a pending order to wait for a pullback to 0.0798 to enter, if the price directly breaks above 0.08046 and stabilizes, manually chase long, with stop loss moved up to 0.0780. After reaching Target 1, reduce position by 50%, move stop loss to entry price, and hold the remaining position to aim for Target 2.
Current risk-reward ratio is poor, but the funding rate at 0.005% is normal, spot buying remains dominant, waiting for a pullback to buy the dip is the core logic of this trade.
Check real-time market 👇 $RIF
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