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$RIF — Sellers still in control, no real reversal structure formed yet.
Short $RIF
Entry: 0.0560 – 0.0580
SL: 0.0635
TP1: 0.0500
TP2: 0.0450
TP3: 0.0400
This rebound has pushed into a zone where seller defense could begin strengthening, while momentum no longer looks clean on further extension. The structure suggests demand is meeting absorption rather than driving a sustained bounce. If 0.0580 rejects, downside rotation back toward 0.0400 opens up fast.
#TradfiTradingChallenge