As I mentioned in my previous analysis, $RIVER was showing clear bearish structure and I warned that the market was preparing for a downside continuation. The price has now moved exactly as predicted, dropping sharply and hitting the projected targets while continuing to trend lower.

The rejection from the $21–$22 resistance zone triggered heavy selling pressure, and the market has since formed a strong downtrend with lower highs and lower lows. This confirms that sellers are still controlling the momentum.

📊 Trade Setup

Entry Zone: $16.00 – $16.40

Take Profits:

TP1: $15.20

TP2: $14.50

TP3: $12.90

Stop Loss: $17.60

📉 Market Outlook

$RIVER remains in a strong bearish trend after losing key support levels. If the price fails to reclaim $17.20, the downtrend is likely to continue toward $15 and below. Any short-term bounce may simply offer another opportunity for sellers to step in.

Buy now and trade here on $RIVER

RIVERBSC
RIVERUSDT
12.92
-11.13%

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