Currency $RIVER shows sharp fluctuations and is currently trading above $17.
Are you still waiting for $23? Look at the numbers first! 🤨
In my opinion, the upside is very limited due to the lack of real liquidity at the top to reward large capital, unless exceptional liquidity is injected to create a new (FOMO) wave, which is currently unlikely. 🚫💸
The basic scenario is simple 🎯: 🎯 a drop towards $15, then $11, then $9 🎯 deep liquidity is concentrated around the $4 – $6 areas.
The only problem is the funding rates (Funding Rates).. how much are you currently paying in $RIVER ? Share with us in the comments! 👇 🐳
#RIVER #CryptoAnalysis #Liquidity #BearishCase #TradingUpdate