🔥 $RIVER: The $69 Squeeze or a Local Top? 🌊
While the market is cooling, $RIVER is still cooking. Currently sitting at $69.53, the token is battling high volatility after a massive month. Is this a healthy pullback or the end of the "God Candle" era?
⚡ The Quick Alpha:
The Pump: RIVER eksplodował o 1,800% w tym miesiącu dzięki rundzie finansowania w wysokości $12M prowadzonej przez Arthura Hayesa (Maelstrom Fund).
The Squeeze:
Short liquidations are stacking up—reclaiming the $72 - $80 zone could trigger another violent leg up.
The Risk:
A scheduled $89M token unlock is looming, which might test the strength of the current support.
📈 Technical Outlook & Targets:
Immediate Resistance: $72.00.
Short-Term Target: $80.00 – $100.00 if the squeeze continues.
Safety Net: Watch the $38 and $50 levels closely for a potential bounce.
My Take: I’m keeping a close eye on the $65 support. If it holds, we’re going higher. If not, it’s time to wait for the dip.
What's your move? 🚀 Bullish to $100 or 🐻 Bearish back to $50?
👇 VOTE in the comments!
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