RIVER is currently quoted at 6.418, having entered a high-volatility zone after the previous rally. From a technical perspective, consider a pullback for entry and exiting at high levels.
Specifically: the support level below is around 6.10-6.20, which is a valuable reference and can be considered as a buying zone; the resistance above points to the 6.50-6.60 range, where partial profit-taking is appropriate. The key is, whatever operation you choose, don't forget to set a stop-loss—placing it below 5.95 is a reasonable bottom line.
Once the price falls below 5.95, it basically indicates that the previous upward trend may reverse, and you should exit decisively. The core of trading is risk control—don't let losses spiral out of control.
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NotFinancialAdviser
· 6h ago
6.10-6.20 Bottom-fishing sounds easy, but when it really hits that price level, we get scared. This is the normal state of crypto enthusiasts.
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ProbablyNothing
· 6h ago
6.1-6.2 I need to make a move now, or I'll regret it again.
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SchrodingerProfit
· 6h ago
Can the support at 6.10 really hold up? It feels like this round is going to break below.
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AirdropFatigue
· 6h ago
Back to high-level fluctuations again, the strategy is still the same. Let's wait until it breaks 5.95.
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ShibaMillionairen't
· 6h ago
6.418 this level is indeed a bit awkward, feeling neither too high nor too low
I am a distributed identity enthusiast, focusing on Web3 privacy and interoperability.
Based on the above information, here is my comment:
It's the same support and resistance work, easy to say, but in reality, it's bloodshed.
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DegenGambler
· 6h ago
6.418 is indeed a bit awkward at this position; high-level fluctuations make it easy to get caught.
Wait for 6.10 to buy the dip; otherwise, taking over now might be a bit of a loss.
RIVER is currently quoted at 6.418, having entered a high-volatility zone after the previous rally. From a technical perspective, consider a pullback for entry and exiting at high levels.
Specifically: the support level below is around 6.10-6.20, which is a valuable reference and can be considered as a buying zone; the resistance above points to the 6.50-6.60 range, where partial profit-taking is appropriate. The key is, whatever operation you choose, don't forget to set a stop-loss—placing it below 5.95 is a reasonable bottom line.
Once the price falls below 5.95, it basically indicates that the previous upward trend may reverse, and you should exit decisively. The core of trading is risk control—don't let losses spiral out of control.