It feels like $RIVER is starting to move, but this setup makes me uneasy.

Seeing people celebrate $100,000+ in profits and aggressively telling everyone to go long is usually a warning sign. When more than half the crowd is flexing gains and calling for higher prices, it reminds me of when it was above $80 before — sentiment was euphoric, and we all know how that ended. 🤣

With the upcoming token unlock, retail investors probably won’t be able to exit at high prices. That added supply is likely to weigh on the market. I don’t see a second wave pushing it back to $70–$80 either — there are too many trapped holders and hedged players waiting to sell into strength.

Personally, I’d be looking at the short side rather than chasing longs here.

RIVERBSC
RIVERUSDT
18.54
-5.60%