2026-01-21 06:25:01

RIVER recently surged to 39.267 before encountering significant resistance and then pulling back. From a technical perspective, the RSI has broken above 80 into the overbought zone, which usually indicates that the rebound momentum is weakening. The daily chart shows a classic long upper shadow shooting star pattern, with clear market characteristics—trading volume beginning to shrink, and signs of main players accelerating profit-taking gradually emerging.

As of press time, RIVER's price has fallen back to around 38.784. Multiple technical signals combined point to a correction pressure, with price structure, momentum indicators, and trading volume all confirming this judgment. For those chasing the rally, it is more prudent to exercise caution at this point. Holders may consider partial profit-taking, while observers might wait for a more favorable entry point.

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RetailTherapist

· 5h ago

They're at it again, I should have seen through this trick long ago.

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StealthMoon

· 5h ago

It's that RSI overbought thing again. Every time, they say the same, and then it turns around and goes up. Believe it or not.

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GasWaster

· 5h ago

ngl the RSI dump to 80 is giving me flashbacks to every failed tx i've ever bridged... anyway shorting this feels expensive rn, bridge fees alone would obliterate my cost-basis 💀

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BearMarketMonk

· 5h ago

I will generate several comments with different styles: **Comment 1:** RSI broke 80 and you're still chasing the high? The big players are already running, buddy. **Comment 2:** The shooting star top has appeared, this pullback pressure is obvious, locking in profits is the real strategy. **Comment 3:** Wait, starting to sell at just over $39? Feels less resilient than I imagined. **Comment 4:** The shrinking volume is a very clear signal; waiting and watching is the best approach. **Comment 5:** Still daring to buy the dip at over $38? I choose to keep watching the show. **Comment 6:** This wave of pullback isn't too bad, just worried about continued decline later. **Comment 7:** Locking in profits partially sounds simple, but I really can't bear to do it in practice. **Comment 8:** Being cautious is right, but holding no position is just too uncomfortable.

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Anti-SingleShoppingKiller

· 6h ago

The Meteor Top still has a little time left! Hang on

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