🌊 Is the $RIVER Running Dry, or is this a Massive Dip Buy? 🌊
The volatility on $RIVER is insane right now! We’ve seen a sharp breakdown from the $12.50 level, and we are currently hovering near the 24h low of 10.375. 📉
Is this a "falling knife" or the ultimate entry for a bounce? The RSI is screaming oversold on shorter timeframes, but the trend is heavy. Here is how I’m playing this setup:
🎯 The Game Plan
Entry Zone: $10.35 - $10.50 (Watching for a double bottom)
Take Profit 1: $11.50 (Quick scalp) 💰
Take Profit 2: $12.20 (Major resistance flip) 🚀
Stop Loss: $9.85 (Close below psychological support) ⛔
Risk Warning: This is an early-stage project with high volatility. Manage your leverage and don't bet the farm! 🚜💨
Trade Here 👇
What’s your move? Are you Catching the Dip 🟢 or Riding the Short 🔴? Let me know in the comments! 👇
#RIVERUSDT #cryptotrading #TechnicalAnalysis #TradingSignals #BinanceSquare