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🚨 Currency collapse $RIVER : Whales are making astronomical profits and buyers are in trouble!
If you're looking at the 23% decline in RIVER and telling yourself "the price must bounce back", stop immediately. On-chain data shows that this drop is a calculated move by "smart money".
Why shouldn't you buy now?
🐻 Complete dominance of bears:
Smart traders and whales hold huge short positions. Their average entry was at $13.70 and the price is now below $10.00. They are realizing profits exceeding 81% and are not closing their positions!
{future}(RIVERUSDT)
📉 Liquidation waterfall:
Long positions are completely trapped. Whales hold only $3.43 million in longs against $12.18 million in shorts. Buyers are suffering from massive unrealized losses, and when their portfolios are liquidated, the price will drop further.
❌ No support:
In the last 30 minutes, whales are still selling. They are not trying to catch the falling knife. Breaking the psychological $10 barrier opens the door to much lower price levels.
💰 Trading plan for the RIVER/USDT pair:
Trend: Sell (SHORT) 🔴
Entry: $10.00 - $10.30
Targets: $9.50 | $9.00 | $8.20
Stop loss: $10.85
Don't stand in front of the fast train. Trade with the trend.
Analysis provided by ShahG Crypto Labs
If you're looking at the 23% decline in RIVER and telling yourself "the price must bounce back", stop immediately. On-chain data shows that this drop is a calculated move by "smart money".
Why shouldn't you buy now?
🐻 Complete dominance of bears:
Smart traders and whales hold huge short positions. Their average entry was at $13.70 and the price is now below $10.00. They are realizing profits exceeding 81% and are not closing their positions!
{future}(RIVERUSDT)
📉 Liquidation waterfall:
Long positions are completely trapped. Whales hold only $3.43 million in longs against $12.18 million in shorts. Buyers are suffering from massive unrealized losses, and when their portfolios are liquidated, the price will drop further.
❌ No support:
In the last 30 minutes, whales are still selling. They are not trying to catch the falling knife. Breaking the psychological $10 barrier opens the door to much lower price levels.
💰 Trading plan for the RIVER/USDT pair:
Trend: Sell (SHORT) 🔴
Entry: $10.00 - $10.30
Targets: $9.50 | $9.00 | $8.20
Stop loss: $10.85
Don't stand in front of the fast train. Trade with the trend.
Analysis provided by ShahG Crypto Labs
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.