#数字资产动态追踪 $RIVER Shorting opportunities are coming. Wait until it surges above $16.57, and at the same time observe increased volume but stagnant stock price, combined with the RSI indicator consistently staying above 85 in the overbought zone. This is when you can consider entering a short position.
Risk management must be strictly enforced. Set the stop-loss at $17.30, which is about 4% above the resistance level, to prevent being caught in a breakout failure. Take profits in stages, with the first take-profit at $15.23, and close half of the position. This ensures gains while reducing psychological pressure. Keep the remaining position, with a target of $13.90, and close all at this level.
The core of this strategy is to utilize the pullback opportunities in overbought conditions, combined with position management to control risk. Remember: don’t be greedy, strictly follow take-profit and stop-loss rules, so you can achieve stable profits amid the volatility of the crypto market.
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SerumDegen
· 8h ago
nah this $RIVER setup screaming trap to me... RSI 85+ doesn't mean capitulation incoming, it means whale accumulation period. seen this cascade play out a thousand times, liquidation hunters always front-run the obvious.
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GasWastingMaximalist
· 11h ago
It's the same old technical analysis again. RSI 85—what does it really indicate? I've seen this kind of signal many times, and it always ends up being a false alarm...
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NFTPessimist
· 11h ago
It's the same old story again, waiting for RSI85. Might as well go all-in directly.
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DegenTherapist
· 11h ago
Damn, RSI is already above 85 and you're still buying hard. This wave is a no-lose short.
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FunGibleTom
· 11h ago
Hi, it's the old trick of RSI overbought again. I've seen it too many times. Whether it can really break down this time remains to be seen.
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LiquidityHunter
· 11h ago
Well, going above RSI 85 is definitely doable this time, just worried that it might pump again later.
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ZenMiner
· 11h ago
16.57 at this level is indeed a bit risky; this rally has been too rapid.
#数字资产动态追踪 $RIVER Shorting opportunities are coming. Wait until it surges above $16.57, and at the same time observe increased volume but stagnant stock price, combined with the RSI indicator consistently staying above 85 in the overbought zone. This is when you can consider entering a short position.
Risk management must be strictly enforced. Set the stop-loss at $17.30, which is about 4% above the resistance level, to prevent being caught in a breakout failure. Take profits in stages, with the first take-profit at $15.23, and close half of the position. This ensures gains while reducing psychological pressure. Keep the remaining position, with a target of $13.90, and close all at this level.
The core of this strategy is to utilize the pullback opportunities in overbought conditions, combined with position management to control risk. Remember: don’t be greedy, strictly follow take-profit and stop-loss rules, so you can achieve stable profits amid the volatility of the crypto market.