$RIf Long Setup — Bounce Could Be Starting 🚀
$RIF is holding around the $0.0799 area after a prolonged decline, and the chart is showing signs of a potential reversal from support. A reclaim of the nearby $0.0800 zone could open the way toward the marked resistance area around $0.0825–$0.0830.
Entry: $0.0799–$0.0802
Stop Loss: $0.0778
Target 1: $0.0815
Target 2: $0.0828
Target 3: $0.0835
The key confirmation is a sustained move back above $0.0800 with stronger buying volume. If $RIF holds the entry zone, the setup favors a push toward $0.0828. A break below $0.0778 invalidates the long idea.