Realio "RIO" Looks BULL on Daily but might dump to ~$0.85

Looks kind of bullish on daily, but I would open short first to see where it will bottom or just wait for better entry.

We do have a bit bearish indicators on hourly timeframes.

Head & Shoulders Pattern.

Short:
Entry: 1.1825
SL : 1.25
TP: 0.85

Or just wait for Breakout confirmation and long it as it looks very Bullish.

Long:

Entry: 1.18 or any confirmation of breakout
SL: 1.13
TP: 2.23