🔴 SHORT — $RIVER /USDT 📉
📊 Trend Summary:
$RIVER is in a clear long-term downtrend. The price is currently trading well below the MA(25) ($10.318) and the MA(99) ($13.002). While there is a small local bounce above the MA(7) ($8.776), the overall structure remains bearish as the price struggles to reclaim previous support zones.
📍 Entry Zone: 9.040 – 9.250
🎯 Take Profit Targets:
8.500 💰
8.093 (Recent 24h Low) 💰
7.600 💰
🛑 Stop Loss:9.750
(Above the recent lower-high cluster) ❌
⚡ Leverage: Max
💼 Risk: 1%
Short Description:
The 4h chart shows a series of "Lower Highs" and "Lower Lows," which is a textbook bearish pattern. Although there is a minor green candle recovery, the declining volume suggests this is a "dead cat bounce" or a brief relief rally before the next leg down. The significant gap between the current price and the purple MA(99) confirms that sellers are firmly in control of the medium-term trend.