$RIF Signal: 1H momentum continuation + negative funding rate short squeeze, target 0.0976

$RIF Price breaks above the 1H Bollinger upper band at 0.0973, RSI 1H at 72 still in the upward attack zone, MACD histogram at 0.0008 shows no signs of decreasing volume, the 4H wave high point at 0.0979 is only 2.5% away from the current price. The order book depth imbalance of 6.48% favors buyers, and the funding rate of -0.0148% suppresses the bears. The bulls are pushing prices higher like a bulldozer, with no signs of distribution at high levels. Entry should be cautious as the current price is close to the upper boundary of the range, with a risk-reward ratio of about 1:1.5. If it breaks through 0.0979, acceleration is expected; otherwise, short-term resistance remains.
🎯Direction: Long
⚡Entry/Order: 0.0951537 - 0.0954400
🛑Stop loss: 0.0944856
🚀Target 1: 0.0968716
🚀Target 2: 0.0975874
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss up to entry price. If the price falls back below the entry zone, wait for 0.0945 support confirmation before adding more. Stay flexible and avoid losses from false breakouts.
View real-time market 👇 $RIF
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