🚨 $RIVER Strong Downtrend (consolidating near lows)
The overwhelming evidence from price action (below all MAs, -23% 24h change), massive contract capital outflows, and bearish MACD/KDJ alignments strongly favors the downtrend continuation. The path of least resistance is down.
Entry short $RIVER : ideal short entry zone would be a retest of the 15.60-15.85 area (confluence of MA5, MA20, and previous support now turned resistance).
Stop-Loss: at 16.3-16.5 (above the MA20 and recent swing high).
Target Price $RIVER : 13.4- 12.2
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