Regarding $RIVER, this coin has been quite popular in community discussions recently. My view is straightforward—this coin currently lacks effective support levels, and its technical performance is not ideal. Instead of blindly chasing the high, it's better to wait and see.
If you must trade, it’s not unreasonable to look at the MA30 indicator before making a decision. Don’t rush to buy on the halfway up the mountain; the risk is too high. The current price level is not suitable for trading, so it’s better to wait.
My advice is: focus on observation and let those aggressive traders take the risk. There are plenty of opportunities anyway, so there's no need to gamble on this coin.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
DaoGovernanceOfficer
· 12h ago
ngl the MA30 thing is kinda cope, data shows most retail traders misread it anyway. empirically speaking, $RIVER lacks any meaningful governance framework—where's the tokenomics research backing this up?
Reply0
GateUser-3824aa38
· 12h ago
Speaking of RIVER, this wave really doesn't have much going for it. Where's the support level?
Better to take a breather halfway up rather than get caught holding the bag.
Chasing even after breaking MA30? That's messed up. Let those gamblers play with it.
There are plenty of opportunities elsewhere, no need to board this sinking ship.
Not bullish on it, I'm out everyone.
View OriginalReply0
BearMarketMonk
· 12h ago
History is about to repeat itself again, the bones on the hillside haven't even cooled down yet.
Market sentiment is always a magnifying glass for human nature.
Wait, it's not cowardice, it's the first lesson of the survival rule.
In the face of cycles, what happened to the impatient ones in the end?
On the eve of bubble disillusionment, the louder the noise, the more you should stay silent.
Don't be blinded by the discussion volume, that is precisely a danger signal.
The first step in the self-cultivation of the bag-holder is to learn to say no.
View OriginalReply0
VitaliksTwin
· 12h ago
It's the same old story, wait and see, wait and see, in the end, you miss out.
---
Even with MA30 collapsed, you're still being cautious here? I've had enough of these tactics.
---
Picking up the bag halfway up the mountain? Bro, your words are quite slick.
---
If the support level is gone, just dump it directly. Instead of guessing, it's better to read the K-line.
---
Mostly observing, why does it sound so much like rehashing old news?
---
There are many opportunities, but your analysis is truly mediocre.
---
Remember the last time someone used this theory, they're still waiting now.
---
Do aggressive traders really deserve to lose money? I want to see your account screenshot.
---
If this coin truly has no support, I would have sold early. Why are you still talking about indicators?
View OriginalReply0
NftDeepBreather
· 12h ago
To be honest, I'm also watching RIVER this time. The support level is indeed weak.
Wait, why do we have to buy in now? There's no rush with this coin.
The MA30 hasn't stabilized yet, and I'm quietly watching others take the plunge.
Orders in the middle of the mountain are all traps; we won't get involved in this muddy water.
There are plenty of opportunities, no need to gamble on this one.
Regarding $RIVER, this coin has been quite popular in community discussions recently. My view is straightforward—this coin currently lacks effective support levels, and its technical performance is not ideal. Instead of blindly chasing the high, it's better to wait and see.
If you must trade, it’s not unreasonable to look at the MA30 indicator before making a decision. Don’t rush to buy on the halfway up the mountain; the risk is too high. The current price level is not suitable for trading, so it’s better to wait.
My advice is: focus on observation and let those aggressive traders take the risk. There are plenty of opportunities anyway, so there's no need to gamble on this coin.