$RIF Signal: The bullish rebound is continuing, with 1H buy orders providing support

$RIF Funding rate -0.0004%, depth imbalance -34.17% (sell-side orders are thin). However, the buy-side has not broken below 0.113. The 4H Bollinger upper band at 0.131 still has room. The 1H MACD histogram is narrowing, but the fast and slow lines remain above the zero axis. Orders are densely clustered around 0.1143, and short-term capital is actively absorbing sell pressure.

🎯Direction: Go long

⚡Entry / place orders: 0.114057 - 0.114400

🛑Stop loss: 0.113256

🚀Target 1: 0.116116

🚀Target 2: 0.116974

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50% and move the stop loss up to the breakeven level. If price falls back to the entry area, automatically exit to protect principal.

1H RSI 58.74 is not overbought. The buy-order ratio has been 0.51 for two consecutive hours, giving bulls control of the pace. For the shorts to mount a comeback, they first need to break the 0.1133 support. The current risk-reward ratio is about 1.5, making it worth entering.

View live market 👇 $RIF
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