#RIVERUSDT
๐ $RIVER Analysis: Parabolic Run & What's Next ๐
RIVER has been absolutely tearing through the charts, rallying from $12 to highs near $47! The price is currently cooling off around $42.25, setting up a crucial decision point.
Here are the key levels to watch for your next trade:
๐ Long Setup (Buy the Dip)
The trend is strongly bullish. Look for entries on pullbacks to support.
Entry Zone: $38.00 - $40.00 (Key psychological support area).
Target: $47.50 (Retest Highs) โ $50.00+ (Discovery Mode).
Stop Loss: Below $36.50.
๐ Short Setup (Counter-Trend)
Risky, but valid if momentum fades or major support breaks.
Entry Zone: $46.50 - $47.50 (Rejection at recent highs) OR a confirmed breakdown below $39.50.
Target: $34.00 - $35.00.
Stop Loss: Above $48.50.
๐ฎ Possible Movement
Expect consolidation between $40 and $45 as the market digests the recent gains. A solid 4H candle close above $47 triggers the next massive leg up!
Are you riding the wave or waiting for a dip? ๐
