RSI 94 and you still dare to chase? $MOVR 1.07 — the longs are pushing themselves into a dead end!
RSI 94% still chasing longs? The “dog” market makers are just waiting to hand you a trap.
Liquidation map: The current price is around 1.07. Above, the 1.10–1.12 zone is a dense liquidation area for shorts, but further up toward 1.14+ the liquidation strength drops sharply. Below, 0.96–1.01 is the severe liquidation hotspot for longs, with the cumulative long positions liquidation size reaching as high as $1.5M–$1.7M. Once the profit-taking flows out, price will head straight into the long-squeezing zone at 0.96–1.01. Upside is limited, while downside has already opened.
On-chain breakdown: MOVR, as Moonriver, belongs to the cross-chain infrastructure track. This sector has seen some recent capital rotation, but there is no real major positive catalyst supporting it. The sharp intraday surge is mostly short-term speculation—high turnover. Once the chasing momentum dries up, a cascade-style selloff is unavoidable.
Tang Sanzang’s playbook (for shorting):
Aggressive: Enter a short directly at 1.07–1.08. Add to the position on the rebound to 1.10–1.11.
Conservative: Wait patiently for one of two signals: ① price rebounds to 1.10–1.12, then enter a short; ② after price breaks below 1.04, chase the short.
RSI 94—historically, every single time it has been a top signal! Follow me, and I’ll warn you the first time I see a sell-off on-chain in the chat. #加密恐惧贪婪指数升至74
RSI 94% still chasing longs? The “dog” market makers are just waiting to hand you a trap.
Liquidation map: The current price is around 1.07. Above, the 1.10–1.12 zone is a dense liquidation area for shorts, but further up toward 1.14+ the liquidation strength drops sharply. Below, 0.96–1.01 is the severe liquidation hotspot for longs, with the cumulative long positions liquidation size reaching as high as $1.5M–$1.7M. Once the profit-taking flows out, price will head straight into the long-squeezing zone at 0.96–1.01. Upside is limited, while downside has already opened.
On-chain breakdown: MOVR, as Moonriver, belongs to the cross-chain infrastructure track. This sector has seen some recent capital rotation, but there is no real major positive catalyst supporting it. The sharp intraday surge is mostly short-term speculation—high turnover. Once the chasing momentum dries up, a cascade-style selloff is unavoidable.
Tang Sanzang’s playbook (for shorting):
Aggressive: Enter a short directly at 1.07–1.08. Add to the position on the rebound to 1.10–1.11.
Conservative: Wait patiently for one of two signals: ① price rebounds to 1.10–1.12, then enter a short; ② after price breaks below 1.04, chase the short.
RSI 94—historically, every single time it has been a top signal! Follow me, and I’ll warn you the first time I see a sell-off on-chain in the chat. #加密恐惧贪婪指数升至74
