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3ala2
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$RIVER
#RIVER
๐จ QUICK ANALYSIS FOR RIVER FUTURES ๐จ
โ 15m, 1h, 4h โ
๐ Trend Direction (Futures): Bearish on short-term timeframes (15m/1h) following a sharp rejection from the 34.855 peak. The 4h chart shows a breakdown from a parabolic move, currently attempting to find a base near the 22.141 support zone. Ranging with a bearish bias.
๐ฐ Entry Price: 23.500 - 24.100 (Sell/Short on relief rallies)
๐ฏ Targets: (Adjusted for 3:1 Risk-Reward):
๐ TP1 โค 22.850
๐ TP2 โค 22.200
๐ TP3 โค 21.500
๐ Stop Loss๐ซธ: 24.650
(~2% risk from entry)
๐ข LEVERAGE X5-X10 ๐ฅ
๐ชฉ Order Book: Current bid/ask depth shows significant selling pressure with 65.51% asks vs 34.49% bids on the 5m micro-view. Liquidity walls are thinning on the buy side, suggesting further downside testing.
โจ Fibonacci Levels:
โ๏ธ 0.618 Fib Retracement: 26.850 (Primary Resistance)
โ๏ธ 0.5 Fib Level: 25.120 (Mid-term pivot)
โ๏ธ 0.236 Fib Extension: 21.050 (Potential downside target)
โ๏ธ Confluence: 24.500 zone aligns with the recent 15m breakdown point and fair value gap.
๐ง Liquidity: Nearest liquidity pool sits just below 22.100, where long-position stops are likely clustered. A sweep of this level is expected before any significant trend reversal.
๐๏ธ News Sentiment: General market sentiment remains cautious as traders monitor altcoin volatility following recent liquidations. RIVER specifically shows high speculative interest but lacks immediate fundamental catalysts to sustain the previous 740% monthly gain, leading to natural profit-taking.
๐ NOTE: Price has entered a distribution phase after a massive rally; volume is decreasing on bounces, indicating lack of buyer conviction. Watch for a break below 23.000 to confirm the move to the 22.141 support floor.
#Write2Earn #3ALA2
Would you like me to monitor the order book for any sudden buy-wall appearances to adjust the entry range?
#RIVER
๐จ QUICK ANALYSIS FOR RIVER FUTURES ๐จ
โ 15m, 1h, 4h โ
๐ Trend Direction (Futures): Bearish on short-term timeframes (15m/1h) following a sharp rejection from the 34.855 peak. The 4h chart shows a breakdown from a parabolic move, currently attempting to find a base near the 22.141 support zone. Ranging with a bearish bias.
๐ฐ Entry Price: 23.500 - 24.100 (Sell/Short on relief rallies)
๐ฏ Targets: (Adjusted for 3:1 Risk-Reward):
๐ TP1 โค 22.850
๐ TP2 โค 22.200
๐ TP3 โค 21.500
๐ Stop Loss๐ซธ: 24.650
(~2% risk from entry)
๐ข LEVERAGE X5-X10 ๐ฅ
๐ชฉ Order Book: Current bid/ask depth shows significant selling pressure with 65.51% asks vs 34.49% bids on the 5m micro-view. Liquidity walls are thinning on the buy side, suggesting further downside testing.
โจ Fibonacci Levels:
โ๏ธ 0.618 Fib Retracement: 26.850 (Primary Resistance)
โ๏ธ 0.5 Fib Level: 25.120 (Mid-term pivot)
โ๏ธ 0.236 Fib Extension: 21.050 (Potential downside target)
โ๏ธ Confluence: 24.500 zone aligns with the recent 15m breakdown point and fair value gap.
๐ง Liquidity: Nearest liquidity pool sits just below 22.100, where long-position stops are likely clustered. A sweep of this level is expected before any significant trend reversal.
๐๏ธ News Sentiment: General market sentiment remains cautious as traders monitor altcoin volatility following recent liquidations. RIVER specifically shows high speculative interest but lacks immediate fundamental catalysts to sustain the previous 740% monthly gain, leading to natural profit-taking.
๐ NOTE: Price has entered a distribution phase after a massive rally; volume is decreasing on bounces, indicating lack of buyer conviction. Watch for a break below 23.000 to confirm the move to the 22.141 support floor.
#Write2Earn #3ALA2
Would you like me to monitor the order book for any sudden buy-wall appearances to adjust the entry range?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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