🚨⚠️$RIVER – 1H Technical Setup🚨
📈 Momentum Recap
Price surged past short-term EMAs (7 & 25), showing bullish strength. But now we’re seeing signs of hesitation.
📉 Bearish Signals Emerging
MACD: Bearish crossover forming — MACD line dipping below Signal.
RSI: Cooling at 56.07 — no longer overbought, hinting at a potential reversal.
Red Arrow: Visual cue for expected short-term drop.
📍 Key Zones to Watch
Support: 43.50 (25 EMA)
Resistance: 45.00
Long-Term MA (99): Still way below at 33.55 — bullish macro bias intact
🎯 Trade Setup
Entry: Break below 43.50
Stop Loss: Above 45.00
Take Profit: 41.00
Bias: Short-term bearish, long-term bullish
🧠 Reminder: Wait for candle confirmation before jumping in. Discipline wins.
trade below👇👇
RIVERUSDT
Διην.
43.93
-12.20%