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Breaking update on $RIVER ‼️
It seems that the price has broken the support at $12.6 and is trending downward over the 4-hour chart, wiping out all liquidity on the lower side, but it still continues to move down even after there is empty liquidity below.
What is the next step for RIVER?
I am monitoring some price levels that may be reached in the near future. There is no liquidity below, but over the past 7 days of long liquidation, the price has been around $12.13, so we might see a rise followed by an immediate recovery to the upside around 13.18→ 13.51→ 14.27→ 14.88.
Volume is weak again. We usually sell at $RIVER , but over several days, they have been pumping the price, and whale liquidity still has a chance for this long.
If you are feeling risky, stay away from below $12 ( valid for one hour ).
$POWER also shows some upward movement that could be another trap⁉️
Avoid high leverage on these pairs.
Stay safe, sharp, alert.