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$RIVER The current market trend is leaning bearish, prioritize shorting at high points, longs can only try light positions to rebound, do not hold heavy positions against the trend!
This coin experienced a surge at the beginning of the year, but now the enthusiasm has faded, trading volume is sluggish, and without funds supporting it, it simply can't move up.
The candlestick directly broke through the moving average, MACD formed a death cross and moved downward, indicating full bearish sentiment.
Above, the 6.50-6.57 range is a resistance level; a rebound to this area is a good opportunity to short. Short-term resistance at 6.79-6.88 is difficult to break through.
Below, support is at 6.33-6.34; if it can't hold, it will head towards 6.27.
For conservative traders, wait for a drop to 6.50-6.55 to short, with a stop loss at 6.65, and take profit at 6.35/6.28; aggressive traders can follow with a small position at 6.45-6.48, stop loss at 6.58, and take profit at 6.33/6.27.
If you want to join me in catching shorting opportunities, follow me for real-time updates on levels and strategies! $BTC $ETH #跟单金牌星探