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🔥 $RIVER pretty bullish overall, but I wouldn't be surprised if we see a little dip in the short term before it picks back up. For trading on 1-hour timeframe, I'm calling it cautiously bullish – brace for that pullback, then expect the uptrend to resume
On the volume side, those recent 1-hour candles are telling a good story: the last one clocked in at about 1.8M, way up from the previous 944K, which screams real buying interest pushing things higher.
Capital flows are solid too – net inflows are strong across the board, like +17.59M USDT in the last 24 hours and a whopping +69.68M over the week. That points to some serious sustained demand. Though, in the super short term (5-min and 15-min charts), there's a bit of outflow, probably just folks cashing in quick profits.
For entries longs $RIVER : I'd primarily wait for a dip back to the 15.8-16.0 zone; that's where old resistance flipped to support, feels like a solid spot to jump in. Alternatively, if it smashes through 17.09 (today's high) with some decent volume behind it, that could be your green light.
Set your stop loss around 4% below wherever you enter, say in the 15.2-15.4 area to line up with key support levels.
Targets $RIVER : Aim for 17.5 first (hitting that resistance level), then push for 18.43 if things keep rolling (next resistance m).
RIVERUSDT
Perp
15.2
+12.41%
Quick heads-up: RSI is screaming overbought, so volatility could spike. #RİVER #RIVERU
On the volume side, those recent 1-hour candles are telling a good story: the last one clocked in at about 1.8M, way up from the previous 944K, which screams real buying interest pushing things higher.
Capital flows are solid too – net inflows are strong across the board, like +17.59M USDT in the last 24 hours and a whopping +69.68M over the week. That points to some serious sustained demand. Though, in the super short term (5-min and 15-min charts), there's a bit of outflow, probably just folks cashing in quick profits.
For entries longs $RIVER : I'd primarily wait for a dip back to the 15.8-16.0 zone; that's where old resistance flipped to support, feels like a solid spot to jump in. Alternatively, if it smashes through 17.09 (today's high) with some decent volume behind it, that could be your green light.
Set your stop loss around 4% below wherever you enter, say in the 15.2-15.4 area to line up with key support levels.
Targets $RIVER : Aim for 17.5 first (hitting that resistance level), then push for 18.43 if things keep rolling (next resistance m).
RIVERUSDT
Perp
15.2
+12.41%
Quick heads-up: RSI is screaming overbought, so volatility could spike. #RİVER #RIVERU
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