$RIVER USDT Perpetual on Binance shows a sharp correction after a massive parabolic run! 🚀📉 Price has dropped to around 59.8 USDT, down -27.39% in the recent period, with the 24h high hitting 86 USDT and low near 59.43 USDT. This pullback comes after explosive gains (over +1300% in longer timeframes like 90 days!), but now it's testing key support levels.
Key indicators flashing signals:
Long/Short Ratio at 0.81 → more shorts dominating (55%+ short positions across ratios, positions, and accounts)
MACD bullish crossover with DIF/DEA positive and histogram expanding upward
RSI(14) around 63, RSI(6) ~58 — not oversold yet, room to run
Bollinger Bands — price hugging lower band after squeeze, potential rebound setup
Volume spiking on the dip, with recent accumulation bars
Despite the heavy short bias and recent dump, momentum indicators (MACD bullish, RSI neutral-bullish) suggest this could be a high-conviction dip-buy opportunity before the next leg up in this volatile gem. Chain-abstraction hype isn't over yet!
TRADE ALERT: LONG $RIVER USDT Now! 🔥
Entry around current levels ~59-60 USDT
Take Profit 1: 70 USDT (+16%)
Take Profit 2: 80 USDT (+33%)
Take Profit 3: 86 USDT (recent high)
Stop Loss: 55 USDT (below recent low for protection)
High volatility = high reward potential. Manage risk, use leverage wisely (up to 50x available)! Don't miss the bounce — RIVER has shown insane resilience.
Trade or buy $RIVER USDT Now! Follow & turn 🔔 on ✅ for more alpha setups!
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