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Short $RIF at this resistance zone in anticipation of a potential drop
Entry: $0.1300 - $0.1400 🔥
Target: $0.1200 🚀
Stop Loss: $0.1650 ⚠️
RIF is approaching a specific supply zone where the price was rejected twice last week. The stop loss above $0.1650 ensures a clean trade, while the first target gives a risk-to-reward ratio of approximately 1:2. Momentum is slowing on the 1H chart, and orders are weakening below the support level.
This is not a blind sell trade — it's a tactical setup with a clear exit plan. Will you take it or wait for a retest of the zone?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #Resistance #TradingPlan