$RIVER Forms a breakdown structure after volume decline, high open interest suggests bulls are being cleaned out.
🎯Direction: Short (Short)
🎯Entry: 41.5 - 42.5
🛑Stop Loss: 44.5 (Rigid Stop Loss)
🚀Target 1: 38.0
🚀Target 2: 34.0
$RIVER A daily drop of over 25% accompanied by massive volume is a typical trend acceleration signal. High open interest has not significantly decreased during the decline, indicating it is not just long liquidation but active selling pressure. The price has broken below a key support zone, market sentiment has shifted to panic, and weak rebounds present new shorting opportunities. The next support is near the previous low.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$RIVER Signal】Short + Volume Breakout
$RIVER Forms a breakdown structure after volume decline, high open interest suggests bulls are being cleaned out.
🎯Direction: Short (Short)
🎯Entry: 41.5 - 42.5
🛑Stop Loss: 44.5 (Rigid Stop Loss)
🚀Target 1: 38.0
🚀Target 2: 34.0
$RIVER A daily drop of over 25% accompanied by massive volume is a typical trend acceleration signal. High open interest has not significantly decreased during the decline, indicating it is not just long liquidation but active selling pressure. The price has broken below a key support zone, market sentiment has shifted to panic, and weak rebounds present new shorting opportunities. The next support is near the previous low.
Trade 👇 $RIVER
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX