SHORT #RIFUSDT from $0.10501 stop loss $0.10543 $RIF
1h TF. The instrument has formed a descending structure in the form of a triangle, lowering the passing volume and price highs along the inclined line, which indicates the weakness of buyers and the strength of sellers pushing the price to a break. The price is pressed to clear support levels with a few touches, behind which the stops of long participants have accumulated.
I will consider a smooth approach to the levels, trading around them and continuing the downward movement on the activity in the glass.