🩸 Brutal selling pressure strikes $RIVER along with a drop of -11.53%. The market structure still favors the seller for the continuation of the decline.
Bias : SHORT
Entry Zone : 1.8992 - 1.9068
TP1 : 1.6341
TP2 : 1.4099
SL : 2.1271
R:R : 1:1.2 / 1:2.2
Confidence : 76/100
24H Change : -11.53%
Funding : 0.0382%
OI 1H : 1.48%
Price is still below EMA20 (1.9701) and EMA50 (2.0099), confirming the bearish 1H structure. RSI hits 8.9 (oversold), indicating very strong selling pressure, but be cautious about the potential for a technical bounce. OI 1H is stable (1.48%) with a neutral funding rate (0.0382%).
Not financial advice.
Bias : SHORT
Entry Zone : 1.8992 - 1.9068
TP1 : 1.6341
TP2 : 1.4099
SL : 2.1271
R:R : 1:1.2 / 1:2.2
Confidence : 76/100
24H Change : -11.53%
Funding : 0.0382%
OI 1H : 1.48%
Price is still below EMA20 (1.9701) and EMA50 (2.0099), confirming the bearish 1H structure. RSI hits 8.9 (oversold), indicating very strong selling pressure, but be cautious about the potential for a technical bounce. OI 1H is stable (1.48%) with a neutral funding rate (0.0382%).
Not financial advice.
