$RIVER I am optimistic (Bullish)
Don't miss this signal, there are 106 whales currently stuck in huge losses, and a strong upward movement is loading due to buying pressure.
Quick buy trade (Scalp Long)
Entry area: $19.00 to $19.25
Profit-taking targets: $20.50, $21.50, and $23.00
Stop loss: $17.80
Risk management and your own research is required (DYOR).
$RIVER
Logical and reliable analysis:
I am monitoring the data closely, and what I see is a big trap for the bears. There are 106 whales betting on the decline with positions worth $9.66 million, but their average entry is only $15.41. The current price is $19.23, which means they are now losing more than $1.9 million. In contrast, the buying whales control $11.84 million and are in a comfortable profit. If the price remains stable above $18.50, sellers will have to close their positions (Short Squeeze), which will give us additional fuel to rise towards $20 and above. The market is currently clearly in the hands of buyers.
$RIVER
What do you think, will the sellers give up soon and close their positions? Share your opinion in the comments.