#RIO - price analysis request: [simplified view]
Short term price: Bullish📈
Correction upward phase 📈
Daily :Neutral zone but strong resistance around 1.200$ 🚨
➡️I think that the price willl make a final pump to retest the 1.250$ zone and grab liquidity before to see another rejection downard!
⚠️The price isnt bulllish [HTF] and we might see a lot of pump and dump. a downward rejection is likely to occur around $1,300 - $1,250! 📉
➡️The 1.050 - 1.00$ has a great chance of being tested again!
A daily close above 1.400$ would be a good reversal sign for the bulls.