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Crypto_LUX
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Baisse (björn)Is this the end of $RIVER ?
If I answer yes, that wouldn’t be wrong, fam.
Let me explain. The market has been in a clear bearish rally after the new high. From the 25$ area, I consistently called for the move toward 20$ and then the 17$ zone. Price is now around 17.5$, a clean and well-executed move. If this turns out to be the end, it still aligns perfectly with the structure.
On Monday, we have a supply unlock, and from my perspective, this can push the price much lower — potentially below 11$. That move could first sweep liquidations around 9$, 8$, and 7$, and even extend deeper toward the 6$ level. After that, we may finally witness an impulsive recovery move.
Until price reclaims and holds above 25$, the bias remains bearish based on sentiment and structure.
Because of the token unlock, the market is likely to range for some time — possibly 2–3 weeks — to rebuild momentum and market cap before targeting higher liquidity again.
@Crypto_LUX reads perfection.
$FRAX $FOGO
Drop a "LIKE" if this helped you out 🤝
If I answer yes, that wouldn’t be wrong, fam.
Let me explain. The market has been in a clear bearish rally after the new high. From the 25$ area, I consistently called for the move toward 20$ and then the 17$ zone. Price is now around 17.5$, a clean and well-executed move. If this turns out to be the end, it still aligns perfectly with the structure.
On Monday, we have a supply unlock, and from my perspective, this can push the price much lower — potentially below 11$. That move could first sweep liquidations around 9$, 8$, and 7$, and even extend deeper toward the 6$ level. After that, we may finally witness an impulsive recovery move.
Until price reclaims and holds above 25$, the bias remains bearish based on sentiment and structure.
Because of the token unlock, the market is likely to range for some time — possibly 2–3 weeks — to rebuild momentum and market cap before targeting higher liquidity again.
@Crypto_LUX reads perfection.
$FRAX $FOGO
Drop a "LIKE" if this helped you out 🤝
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