$RIVER /USDT just pulled back hard after peaking near 86,000 levels earlier — now trading at 8.004 with a sharp -4.01% drop in the last session. We're seeing classic signs of oversold conditions: RSI(6) at 27.93 and RSI(14) at 38.60 — deep in oversold territory. Stochastic is showing K:8.589, D:14.742, with J deeply negative at -3.717, confirming momentum exhaustion to the downside.
Price has bounced off the recent low zone around 7.501–7.226, sitting right on key support. EMAs are still bearish (8 above 13 above 21), but the aggressive pullback + volume drying up hints at a potential reversal or strong relief bounce incoming.
🚀 TRADE ALERT: LONG $RIVER /USDT NOW!
Entry: Around current ~8.00–8.10
Take Profit 1: 9.20 (first resistance)
Take Profit 2: 10.50 (stronger target)
Take Profit 3: 12.00+ (if momentum kicks in)
Stop Loss: 7.40 (below recent low to protect)
Leverage 5–10x max — manage risk tightly in this volatile memecoin/DeFi play! River protocol is building serious chain-abstraction buzz — don't sleep on this dip.
Trade smart, stack those gains! 💰📈
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