criticalresistance
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📉 $RIVER AT CRITICAL RESISTANCE — DECISION TIME! 📉
Price approaching major resistance at 19.600 — a level with prior rejection history. Market cap ~$857M → expectations stretched.
⚡ Risk Factors:
Vertical expansion → often leads to sharp pullbacks
Heavy volume spike → possible exhaustion
No consolidation above resistance yet
🟢 Bull Case (Cautious):
Break & hold above 19.600 needs strong follow-through volume to sustain. Otherwise, risk of liquidity grab & reversal.
🎯 Trader’s Move:
Watch for rejection or confirmed breakout. Manage risk tightly — this is a high-volatility zone.
Trade the reaction, not the prediction. 🔍
$RIVER
#RIVER #CriticalResistance #ExhaustionRisk #DecisionZone #TradeSmart
Price approaching major resistance at 19.600 — a level with prior rejection history. Market cap ~$857M → expectations stretched.
⚡ Risk Factors:
Vertical expansion → often leads to sharp pullbacks
Heavy volume spike → possible exhaustion
No consolidation above resistance yet
🟢 Bull Case (Cautious):
Break & hold above 19.600 needs strong follow-through volume to sustain. Otherwise, risk of liquidity grab & reversal.
🎯 Trader’s Move:
Watch for rejection or confirmed breakout. Manage risk tightly — this is a high-volatility zone.
Trade the reaction, not the prediction. 🔍
$RIVER
#RIVER #CriticalResistance #ExhaustionRisk #DecisionZone #TradeSmart
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