USDC CIRCULATION SOARS $400M WEEKLY! RIVER FOLLOWS REBOUND +1.98%, IS THIS THE BASE FOR A RALLY? 💵📈🔥
DATA POINTERS$RIVER
(1-Hour Chart / 1H)
Current Price: 6.858 (Daily rebound of +1.98% after holding above the daily low area of 6.504).
VSA Signal: The prior downtrend structure from the local peak of 7.099 has been mitigated by shrinking red volume bars (diminishing volume). The emergence of the current green candle indicates absorption action by Smart Money, with total daily volume reaching 39.59M USDT.
RSI (14): Currently at 48.236 (Neutral/Equilibrium). The indicator being below the midpoint confirms that selling pressure has been exhausted, creating a clean breathing room for the next bullish push.
🛡️ FUTURES RISK MANAGEMENT
Entry Zone: $6.606 - $6.858 (Ideal zone to capitalize on the nearest structural rebound momentum).
Target Profit (TP): $6.940 (Testing the dynamic resistance of the AVL line) up to the main target at $7.099.
Stop Loss (SL): $6.450 (Tight protection below the daily low to safeguard account psychology from sudden directional reversals).
$XRP
#SaylorConsidersBTCYearEndSale #BitmineIncludedInRussell3000
#USDCCirculationUp400MWeekly
DATA POINTERS$RIVER
(1-Hour Chart / 1H)
Current Price: 6.858 (Daily rebound of +1.98% after holding above the daily low area of 6.504).
VSA Signal: The prior downtrend structure from the local peak of 7.099 has been mitigated by shrinking red volume bars (diminishing volume). The emergence of the current green candle indicates absorption action by Smart Money, with total daily volume reaching 39.59M USDT.
RSI (14): Currently at 48.236 (Neutral/Equilibrium). The indicator being below the midpoint confirms that selling pressure has been exhausted, creating a clean breathing room for the next bullish push.
🛡️ FUTURES RISK MANAGEMENT
Entry Zone: $6.606 - $6.858 (Ideal zone to capitalize on the nearest structural rebound momentum).
Target Profit (TP): $6.940 (Testing the dynamic resistance of the AVL line) up to the main target at $7.099.
Stop Loss (SL): $6.450 (Tight protection below the daily low to safeguard account psychology from sudden directional reversals).
$XRP
#SaylorConsidersBTCYearEndSale #BitmineIncludedInRussell3000
#USDCCirculationUp400MWeekly