RIVER showing weakness right now. The bearish setup looks solid here, targeting $8 as the key downside level. Short positioning could be interesting if this breakdown holds conviction.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
MintMastervip
· 22h ago
The bears keep selling off, breaking 8 dollars isn't a big deal...
View OriginalReply0
DataOnlookervip
· 23h ago
Wow, RIVER really dropped the ball this time. The $8 level definitely needs to be watched, but short-term trading still requires caution.
View OriginalReply0
CrashHotlinevip
· 01-05 07:43
It feels like a breakdown is coming, $8 . Will it really be the bottom... This wave of bears seems really fierce.
View OriginalReply0
ZKProofstervip
· 01-03 11:55
ngl, $8 feels like the mathematically obvious target here... but actually, i've seen these "solid setups" fail conviction before. the real question is whether the underlying protocol fundamentals have shifted or if this is just noise. either way, shorting without proof of sustained bearish pressure is just gambling with extra steps.
Reply0
Fren_Not_Foodvip
· 01-03 11:55
ngl river, this breakout really looks like it's about to drop... 8 yuan is indeed a strong support, the bears are getting interesting.
View OriginalReply0
GasFeeLadyvip
· 01-03 11:54
ngl been watching the gwei charts all morning and river's chart timing feels off, like there's slippage in the narrative rn. $8 is tempting but i'd rather optimize my entry than chase the breakdown, you know? that's how you get frontrun
Reply0
LiquiditySurfervip
· 01-03 11:53
RIVER this breakout looks quite interesting, $8 is indeed a critical level. But it still depends on whether someone really pushes through, or if it's just bluffing...
View OriginalReply0
fren.ethvip
· 01-03 11:47
Bro, RIVER's breakout looks pretty intense... If it really breaks below $8, you better be careful.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)