🔍 Market Structure (Big Picture)
Top: 66.07
Bottom: 28.88
Current Price: ~42
This is a classic Pump → Distribution → Dump → Range structure.
📉 Trend Analysis
From 66 downward = Clear downtrend
Current movement = Sideways consolidation after a dump ➡️ This is not bullish yet
🐋 Whale Behavior
Sharp move to 66 = Whale-driven pump
Multiple lower highs = Distribution
Deep wick to 28.88 = Liquidity grab
Current price (~42) = Retail trap zone
Retail traders are opening longs here, while whales are still waiting.
📊 Key Levels
Support:
38 – 36 (important)
30 – 28 (strong liquidity zone)
Resistance:
45 – 47
50 (major psychological + distribution level)
⚠️ Risk Factors
Extremely high volatility
Large 24h range (30 → 66)
Funding often works against retail traders
➡️ Blind longs are risky
➡️ Late shorts are also risky
✅ Trade Plans
🟢 Spot Strategy (Lower Risk)
Buy zones:
38 – 36
31 – 29 (panic dips)
Sell / Take Profit:
45 (partial)
50 (main resistance)
🔴 Futures Strategy (Advanced Only)
❌ Avoid longs here
This zone is unstable.
✅ Long only if:
Strong break and hold above 50 with volume
Long Setup:
Entry: 50 – 51 (after confirmation)
SL: 47
TP1: 56
TP2: 62 – 66
🟠 Short Setup (Aggressive)
If price moves to 45 – 47 and shows rejection:
Short:
Entry: ~46
SL: 49
TP1: 40
TP2: 36
TP3: 31 (if breakdown happens)
🧠 Final Take
This chart is saying:
“Smart money is still in control. Wait for confirmation.”
42–44 = No-trade zone
$RIVER
