๐Ÿšจ $RIVER fell by 86% from ATH โ€” what to do RIGHT NOW?
The peak was $87.73 in January. Today we are trading at $14.68.
Hereโ€™s my complete analysis on 4H:
๐Ÿ“ Key levels:
โ€ข Support: $12.00โ€“$12.50 (critical zone)
โ€ข Resistance 1: $16.00โ€“$16.50
โ€ข Resistance 2: $19.80โ€“$20.00
๐Ÿ“Š Trading plan:
โ€ข Long entry: $13.50โ€“$14.20
โ€ข TP1: $16.50 | TP2: $19.80
โ€ข Stop: $11.80
โš ๏ธ BUT there is a nuance โ€” token unlocks
create constant selling pressure.
Any bounce = potential trap.
Short on the bounce to $16.50 looks more interesting ๐Ÿ‘‡
What do you think โ€” bottom or continuation of the dump?
๐Ÿ‘ Long / ๐Ÿ‘Ž Short
$RIVER
#RIVERUSDT #CryptoAnalysis #BinanceSquare