⚓️ RIVERUSDT (5 min): Decisive Moment
My friends, on the 5-minute timeframe RIVERUSDT, the main question is being decided right now: will there be a continuation of the short, or will we see a breakout and a bounce upwards. The boundaries that I have outlined on the chart are a clear signal for me to reverse positions or continue the movement.
My tactical plan:
I continue to hold the short until the consolidation boundaries are broken.
In case of breaking the level 20.27 — I exit the position and reverse to long.
If we break the lower boundary — I hold the short further, to the target of 18.00.
Why do I expect a strong movement?
The instrument is currently maximally “infected” by traders. The funding rate is critical: -0.65972%. This means that upon breaking one of the sides we will either get a cascade of liquidations of short sellers (Squeeze), or a powerful continuation of the decline.
I will fix the end of the movement with a reversal order. Let's watch every candle!
Dubitando ad veritatem. ⚓️🌊🔥