๐ $RIVER StochRSI just hit 5.71. Last time this happened, it did +370%.
Not saying history repeats. But I'm paying attention.
$33 to $10.97 in 2 weeks. Brutal. MACD still bearish but histogram nearly flat, sellers exhausting.
StochRSI at 5.71 is the lowest reading on this entire chart. Feb bottom was the same setup before the big run.
Long setup carefully:
๐ข Entry: $10.50โ$11.20
๐จ SL: 4H close below $9.50
Targets:
๐ฏ TP1 โ $14.50 (+32%)
๐ฏ TP2 โ $18.00 (+65%)
Lose $9.50? Next support is $7.00. No ego.
StochRSI bottomed or more pain?
RIVERUSDT
Perp
11.29
+1.17%