RIVER Watch Here and There
The price is approaching a key turning point at 5.378. The overall trend remains bullish, but the Relative Strength Index (RSI) near overbought territory suggests a potential strong move soon โ either a breakout or a correction.
๐ฉ Buy (Bulish Bias):
๐ข๐ด๐๐$RIVER ๐The overall trend remains upward, but the price is at a crossroads with a crucial resistance level. It's best to wait for confirmation of the next trend (break or rejection) while strictly adhering to risk management guidelines.๐๐ข๐ด
Activate the trade after a strong candle closes above 5.378 with supporting volume.
Target: 5.80 โ 6.00
Stop Loss: Below 4.914
๐ฅ Sell (Bearish Bias):
A clear break below 4.914 could open the way for a corrective downward move.
Target: 4.65 โ 4.39
Stop Loss: Above 5.378
Areas to Watch:
Support: 4.914 | 4.653 | 4.391
Resistance: 5.378 | 5.438
๐ฅโก๐๐$FOLKS ๐Observe this and that๐ข๐ด
๐ฅโก๐๐$OL ๐Observe this and that๐๐ข๐ด
โ ๏ธ The current movement is near a major resistance level, so it's best to wait for directional confirmation before making an entry decision.
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