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$RIF
A long liquidation on RIF indicates bullish positions were forced to close, increasing short-term selling pressure and market volatility. The $1.44K liquidation is relatively small, but it suggests momentum has weakened and the current support zone will be key for any recovery.
EP
$0.0588 – $0.0595
TP
TP1: $0.0610
TP2: $0.0630
TP3: $0.0660
SL
$0.0578
Support: $0.0585 – $0.0588
Resistance: $0.0610 – $0.0630
Next Target: $0.0660 if RIF reclaims $0.0610 with strong buying volume and sustained momentum. A break below support could trigger another liquidity sweep before buyers regain control.
Price is consolidating near a key demand zone after the liquidation event. A confirmed bounce from support and a breakout above resistance would strengthen the case for a bullish recovery.
$RIF