Recently, RIVER coin has been on a hot streak, soaring 36% in 24 hours to hit a new all-time high, with the price strongly breaking through all moving averages. From a technical perspective, the MA5 to MA120 form a beautiful bullish alignment, and this stable support pattern has indeed attracted many momentum traders.



But there is a key issue— the RSI indicator has already surged to 71.3, clearly entering the overbought zone. Meanwhile, the MACD has shown signs of a death cross at high levels, indicating that the upward momentum is waning. Buying at the current price of 26.44? The risk is just too high. The smart move is to wait for a pullback, patiently hold at the key support levels, and then consider entering. After all, respecting technical signals often helps avoid many pitfalls.
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YieldChaservip
· 3h ago
A 36% surge is so fierce, RSI is breaking through the sky. Do you still dare to chase? I don't have that courage. Let's wait for a pullback.
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ZKProofEnthusiastvip
· 4h ago
RSI has already soared to 71, are you still chasing? Isn't this asking for death? A wave of pullback will wash out a large number of people.
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RetroHodler91vip
· 4h ago
A 36% increase sounds great, but with RSI already at 71, dare to chase? Isn't that gambling behavior haha --- Be alert as soon as a death cross appears, or you'll be the one trapped --- I just want to ask, is there still anyone who doesn't look at MACD? --- Waiting for a pullback before buying in is a solid suggestion, but I bet five bucks someone will buy at a high level --- The bullish alignment looks good, but overbought conditions are really dangerous --- Honestly, I've trusted this technical analysis setup too many times, and sometimes I get slapped in the face --- Entering at 26.44? Alright, wishing all the little guys safety --- Where is the support level? I didn't see it clearly --- It's the same theory again, waiting for a pullback, but when it pulls back, I can't bring myself to buy in—that's my fate
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