نشر
TF Invest
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$RIVER – Bearish Divergence Emerges: Profit-Taking Near Resistance
Short $RIVER
Entry: 17.50 – 17.90
SL: 18.30
TP: 16.20 – 15.30 – 13.40
Price Action Description:
On the 4h timeframe, $RIVER is showing clear signs of momentum exhaustion after failing to decisively reclaim the 17.80 – 18.00 resistance zone. The current candlestick structure features multiple Shooting Star patterns with long upper wicks, confirming that sellers are aggressively stepping in to cap the upside. Most notably, a rare bearish divergence has formed; while the price attempted a push higher, trading volume and RSI momentum notably declined. With the latest candle closing below the MA7 (yellow line), the path is set for a technical correction toward the critical pivot support at 13.4
Click and trade here👇
{future}(RIVERUSDT)
Short $RIVER
Entry: 17.50 – 17.90
SL: 18.30
TP: 16.20 – 15.30 – 13.40
Price Action Description:
On the 4h timeframe, $RIVER is showing clear signs of momentum exhaustion after failing to decisively reclaim the 17.80 – 18.00 resistance zone. The current candlestick structure features multiple Shooting Star patterns with long upper wicks, confirming that sellers are aggressively stepping in to cap the upside. Most notably, a rare bearish divergence has formed; while the price attempted a push higher, trading volume and RSI momentum notably declined. With the latest candle closing below the MA7 (yellow line), the path is set for a technical correction toward the critical pivot support at 13.4
Click and trade here👇
{future}(RIVERUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.