$RIVER
Market Update
The recent move on RIVER has been aggressive and emotional. Price topped near 81 and quickly dropped into the 50 zone. Our short position from the upper region played out perfectly, showing how important structure and patience are in fast markets.
Right now, RIVER is trading near 49 with heavy volume. This tells us two things. First, sellers are still active after the sharp drop. Second, buyers are slowly stepping in, not chasing, but building positions near support.
From the chart view, the current zone between 46 and 50 is a reaction area, not the final bottom. The real high confidence support sits much lower, around the 34 to 38 range. This level aligns with previous consolidation and strong demand on higher timeframes.
Why This Area Matters
RIVER moved too fast too quickly. A rise of over five thousand percent in just weeks is not normal price growth. Most of that move was driven by leverage and hype, not steady organic demand.
This does not mean the project is weak. It means the price needs balance.
Buying Plan Not FOMO
Buying at all time highs after such a move is extremely risky. Smart money waits. If price revisits the strong support near 36, that area offers a much better risk to reward setup for a long position.
Buying near support allows tight risk control and avoids becoming exit liquidity for early holders.
Important Risk Factors
One major holder controls a very large part of supply. This creates constant dump risk. Most tokens are still locked, which means future unlocks can add selling pressure. Recent price action was driven more by leverage than real usage.
My Current View
RIVER is an interesting project with strong attention and backing, but the price is still cooling down. I am not interested in chasing candles. I am interested in structure, support, and confirmation.
Best plan is simple
Wait for a deeper pullback
Control risk strictly
Markets reward patience, not emotion.
FOMO is expensive.
Structure is everything.
Trade smart and protect capital.
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