📊 Technical Response and Analysis: Is it time for RIVER$ to explode? 🚀
In response to the widespread expectations about "whale accumulation," the 4-hour chart reveals undeniable digital data for Long traders:
🔍 Digital Reading (based on the chart):
Historical oversold condition: The StochRSI indicator reached a level of 1.73, a rare level typically indicating exhaustion of selling pressure and the imminent possibility of a violent price reversal.
Whale liquidity: Data shows massive whale liquidity inflow (Whales) with buy orders exceeding $7.5 million, supporting the "accumulation" hypothesis at the 15.16 level.
KDJ indicator: Current J value at 3.7 enhances the likelihood of a rebound from current bottom areas.
🛠️ Suggested entry strategy:
🏁 Entry point: Current price 15.16 with reinforcement at 14.80.
🎯 Targets:
First target: 16.11 (EMA 25 middle test).
Second target: 18.30 (previous resistance area).
Hot target: 21.00+ (if price explosion confirmation).
🚫 Stop-loss: Close below 13.50 on a 4-hour chart.
Summary: Technically, indicators are in a strong "buy" zone, but caution is always necessary amid market volatility. Follow the trend, don't swim against it! 🌊😎
#RIVER $RIVER #TradingAnalysis #BinanceSquare #WhaleAlert 
#CryptoSignals
