Liquidity Fade: $RIVER Struggles as Season 4 Airdrop Sell-Pressure Mounts
The Trade Plan (Short)
Entry Zone: $6.60 – $6.80
Stop Loss: $7.10
Targets: $6.30 | $6.00 | $5.70
$RIVER is hitting a major wall at the $6.80 resistance following the Season 4 "Points-to-Token" conversion. While the protocol transition to "utility" is a long-term win, the immediate reality is a surge in sell-side liquidity as farmers lock in gains. Coupled with the recent precautionary bridge pause, the technical structure has flattened, signaling that buyers are exhausted and a mean-reversion move is overdue.
Execution: We are fading the weak recovery and positioning for a liquidity sweep of the $6.00 floor. Momentum is decoupling from the broader market; trade the tape, not the hype.
Is the airdrop sell-off finally bottoming out, or are we heading straight to $5.50? 👇
Trade $RIVER here
