$RIVER looks exhausted to me — every bounce is getting weaker.
I don’t think it can push higher from here, short is still my bias.
RIVERUSDT
Perp
7.267
+2.99%
PIPPINUSDT
Perp
0.35466
+8.69%
ZECUSDT
Perp
427.84
-8.36%
🚨 $RIVER ’s parabolic leg finally cracked. The rejection wick at 7.60 triggered distribution, and the follow-through sell pressure signals the first meaningful shift in control.
SETUP (SHORT)
• Entry: 7.08 – 7.22
• TP: 6.70
• SL: 7.50
RSI(6) plunges from overbought into low 30s — a decisive momentum reversal. MACD rolls over with a sharp bearish cross, while the histogram accelerates downward. Volume spikes during red candles show active profit-taking. If 7.30 cannot be reclaimed, further unwinding becomes the higher-probability path.
#zenCryptos $ZEC $PIPPIN
SETUP (SHORT)
• Entry: 7.08 – 7.22
• TP: 6.70
• SL: 7.50
RSI(6) plunges from overbought into low 30s — a decisive momentum reversal. MACD rolls over with a sharp bearish cross, while the histogram accelerates downward. Volume spikes during red candles show active profit-taking. If 7.30 cannot be reclaimed, further unwinding becomes the higher-probability path.
#zenCryptos $ZEC $PIPPIN
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