$RIVER has recently dropped quite sharply, and there are widespread complaints in the community. Many people believe that the whales are causing trouble, with capital outflows intensifying, and the confidence of the bulls has been completely shattered. Investors have suffered heavy losses, but some smart traders have made a profit through shorting.
From a candlestick perspective, the situation is indeed not very good. Support levels are being broken one after another, and liquidity is starting to deteriorate. Currently, the market is filled with a pessimistic atmosphere, with everyone watching to see if the decline will continue.
📊 Technical data reference: Current price: 19.66 USDT 🟢 Support level: 20.255 (about 3.51% above the current price) 🔴 Resistance level: 22.719 (about 8.23% above the current price) Resistance zone: 22.6-22.719
In the short term, caution is still advised regarding the downside risk.
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AirdropHarvester
· 01-19 22:02
The whales are cutting the leeks again, old tricks again
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I just want to know who bought the dip at over 19 bucks
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Support levels are all broken, it's going to crash to pieces
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Short sellers are making money, long holders are crying
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Really annoying, it's always like this
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Liquidity is so poor, how can we operate
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If this trend continues to break down, there's really no justice
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Let's see if it can rebound, or else we'll be forced to cut losses
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The community atmosphere is so oppressive to look at
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Can anyone tell me if this thing can still be saved
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GateUser-bd883c58
· 01-19 01:00
The market maker's harvest has started again, and this drop is really painful.
View OriginalReply0
StillBuyingTheDip
· 01-17 10:55
Another opportunity to buy the dip, it's really frustrating to be out of bullets.
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向钱冲XCL
· 01-17 10:53
Unlock on the 22nd, but this time, Closed Eye Kong won't go up.
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Rekt_Recovery
· 01-17 10:46
ngl this is giving major liquidation vibes... been there, got the ptsd to prove it lmao
Reply0
FrogInTheWell
· 01-17 10:39
This is a typical panic sell-off. Time to buy the dip.
View OriginalReply0
RunWithRugs
· 01-17 10:34
The market maker is pretty ruthless this time, starting to cut again.
$RIVER has recently dropped quite sharply, and there are widespread complaints in the community. Many people believe that the whales are causing trouble, with capital outflows intensifying, and the confidence of the bulls has been completely shattered. Investors have suffered heavy losses, but some smart traders have made a profit through shorting.
From a candlestick perspective, the situation is indeed not very good. Support levels are being broken one after another, and liquidity is starting to deteriorate. Currently, the market is filled with a pessimistic atmosphere, with everyone watching to see if the decline will continue.
📊 Technical data reference:
Current price: 19.66 USDT
🟢 Support level: 20.255 (about 3.51% above the current price)
🔴 Resistance level: 22.719 (about 8.23% above the current price)
Resistance zone: 22.6-22.719
In the short term, caution is still advised regarding the downside risk.