🔵 Entry area: 82.80 – 83.20 (Correction towards EMA support) 🔴 Stop loss: 81.20 (Below the last low + price structure) 🟡 Take profit: 85.80 (~3%)
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📈 Market outlook
• Averages convergence (EMA) → The market is in a phase of fluctuation/accumulation • RSI indicator between 50–56 → Neutral → Room for movement in both directions, without clear momentum • Strong rejection from level 87 → Sellers are still in control at the top • Staying above 82 = Buyers are still defending $SOL
$RIVER � Entry Area: 9.00 – 9.30 (Correction towards EMA resistance) 🟢 Stop Loss: 10.20 (Above Price Structure + EMA Cluster) 🟡 Take Profit: 8.20 (~3%)
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📉 Market Outlook
• Strong downtrend → Arrangement of Averages (9 < 21 < 33) confirms negativity • Price rejection from 13.4 → confirms distribution phase • RSI indicator is very low (20–35) = oversold, but the trend is still ongoing → buying is risky • Weak rebounds = selling opportunities, not trend reversals
Entry Zone: 1.145 – 1.155 Stop Loss: 1.172 (above recent rejection & EMA cluster) Take Profit: 1.110 (≈ 3% move)
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📊 Why This Works • Price rejected 1.17 resistance multiple times • EMAs flipping bearish (short-term below mid-term) • 15m confirms lower lows + weak bounce attempts • RSI still has room to drop → downside not exhausted
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⚠️ Invalidation
If price reclaims 1.17 with strong volume, this short idea is dead. That would signal reversal strength — step aside. #folks #trading #LearnWithEitanHalevi