🚨 STOP BLAMING $RIVER ! You Didn't Trade, You Exit Liquidity! 📉
The "scam" noise around RIVER is getting loud. People are crying because they bought at $70 and it’s now at $35. Let’s be real: The coin didn’t fail you; your entry logic did.
1. The "Parabolic Trap"
Why were you opening LONGs when RIVER was vertical at $80? That is the Distribution Phase. Smart money was looking for buyers to offload their bags before the token unlock. You provided that liquidity. Trading is about buying blood and selling euphoria—you did the opposite.
2. The Dead Zone vs. The Bounce Zone
When a coin drops 50% in a few days, the "gamblers" sell in panic at the bottom, and "strategic traders" look for the Oversold Bounce.
The Mistake: Shorting RIVER now at $34 is just as dangerous as Longing it at $80. You are shorting into a brick wall of support.
3. Live Analysis: RIVER (The Relief Play)
The Correction: RIVER has retraced from its $87 peak to the $32 - $35 major support cluster.
The Indicators: On the 4H chart, the RSI is hugging the 25-30 level (Deeply Oversold) and we are seeing a massive deviation below the Lower Bollinger Band.
The Trade Logic: This is a classic Mean Reversion play. We aren't looking for a new ATH, we are looking for a "Dead Cat Bounce" toward the $46 - $50 region (Fib 0.382).
Warning: Use a tight Stop-Loss at $29.80. If it breaks $30, the floor is gone.
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