$RIF RIFUSDT The price is moving within an ascending channel
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting an upward move.
The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour timeframe.
An orange trend line supports the upward rebound.
There is initial support at 0.0775, acting as a preliminary support zone.
A key support zone (marked in green) exists at 0.0790; the price ha